John Goodwin FRICS says ..

Property Oracle says ..

The property is a 2 bedroom end of terrace house located in Ledbury, Herefordshire. It is a modern property, in good condition and benefits from a small rear garden. The property is located within a reasonable distance of local amenities such as schools (John Masefield High School and Ledbury Primary School are both rated ‘Good’ by Ofsted and are approximately 1.14km and 1.51km away respectively) and transport links (Ledbury train station is 2.25km away). Based on the images provided, the property appears to be well-maintained and in excellent condition. There is no evidence of significant repairs or renovations being required. The modern kitchen and bathroom are well-presented. The property has a small rear garden, which is enclosed by fencing. While not extensive, it provides some outdoor space. Considering the average price per square foot in the area is £370, and the property is 292 sqft, a reasonable expectation for the price might be in the region of £108,000. However, the list price is £235,000. This suggests the property may be overpriced compared to similar properties in the area. While the condition and location are positive factors, the small plot size and the significant difference between the list price and a price based on the average price per sqft in the area needs to be considered. Nearby comparable properties show a wide range of prices, indicating some volatility in the market.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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