Chris Abraham Estate Agent, Powered by eXp UK says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on Rice Street in Port Talbot, West Glamorgan, Wales. It has a list price of £160,000, and it measures 1,004.27 square feet, situated on a plot of 1,180.80 square feet. The property appears to be a period property, showing traditional features such as high ceilings and bay windows. From the images provided, the interior shows some signs of age, but the property appears to be generally well-maintained. The kitchen and bathroom appear to have been updated at some point, though the style is not modern. The property benefits from a small rear garden. The average house price in the area is £271,493, significantly higher than the list price of this property. However, the average price per square foot is £249, and considering the property’s size (1004.27 sqft), a comparable price might be expected to be around £249,750. The list price of £160,000 is considerably lower than this figure. Several nearby properties on Rice Street sold for between £97,000 and £142,000, indicating some price variability on the street. The property’s location near Port Talbot Parkway train station suggests good transport links. The proximity to several primary schools is also a positive aspect for families. Considering the condition, location, and land size, the list price of £160,000 seems relatively low compared to the average price per square foot in the area. However, the lower prices of comparable properties on Rice Street suggest the list price might be more in line with market value for that specific street.

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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