Webbs Estate Agents says ..

Property Oracle says ..

The property is a 1 bedroom flat located in Cannock, Staffordshire. The list price is £55,000. The property appears to be in reasonable condition for its age, although some modernisation may be desirable. The kitchen and bathroom appear dated but functional. There is no evidence of significant damage or disrepair. While the property itself is relatively small (460 sqft), it benefits from a small area of garden. This is a positive aspect, particularly for a flat. Considering the average price per sqft in the area is £367, and this property is listed at £55,000, the price per sqft is approximately £119. This is significantly lower than the area average. However, it’s important to note that the average price and sqft data may not accurately reflect the market value of this specific property type and location due to the limited data provided on comparable properties. The nearby comparable properties are mostly semi-detached houses, which are naturally more expensive than flats. The provided nearby flats, however, show prices ranging from £36,000 to £79,950, suggesting the £55,000 asking price is within the range of similar properties. The lower price point may be due to the property’s dated condition or smaller size. The location has proximity to several schools with varying Ofsted ratings, and several train stations are within a reasonable distance. This makes the location relatively convenient for both commuting and family life.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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