Oliver Reilly says ..

Property Oracle says ..

This two-bedroom terraced house on Albert Street in Newark is listed at £160,000. The property appears to be in good condition, with a recently updated kitchen and bathroom visible in the provided photographs. The interior is presented well and is neutrally decorated. The property benefits from a private, enclosed rear garden, which is a desirable feature for many buyers. The location is within easy reach of several schools, including Holy Trinity Catholic Voluntary Academy and The Sir Donald Bailey Academy, both rated ‘Good’ by Ofsted. Newark Castle and Newark North Gate railway stations are also relatively close by, offering convenient transport links. Considering the average house price in the area is significantly higher (£302,231), and the average price per square foot is £288, the asking price of £160,000 for this 815 sq ft property seems reasonable, particularly given its good condition and the inclusion of a garden. However, it is worth noting that the average property size in the area is larger (1047 sqft). The lack of plot size information for the subject property makes a definitive statement on value difficult, but based on comparable properties in the area, the price appears to be in line with the market.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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