Homewise says ..

Property Oracle says ..

The property is located on High Street, Crediton, Devon, EX17 3DU. Crediton is a small market town in Mid Devon, with a population of around 10,000 people. The town has good local amenities including shops, schools and a train station with links to Exeter St Davids. Hayward’s Primary School, rated ‘Good’ by Ofsted, is less than a kilometre away, making this location potentially attractive to families. The proximity to the train station provides convenient access to other parts of Devon and beyond.

Based on the provided images, the property appears to be in generally good condition, although some areas may benefit from modernisation. The interior shows a mix of updated and original features. The kitchen is functional but could be updated. The bathroom is relatively modern. The property has some cosmetic updates, such as fresh paint in some rooms, but other areas, like the ceilings, show signs of age and may require attention. The garden is overgrown and requires significant work.

The property has a plot size of 686 sqft, which is relatively small. While it does include a garden, it is currently unkempt and will require considerable effort to maintain.

The list price is £157,500. The average price per sqft in the area is £272.00. Considering the property’s size (534 sqft), a comparable property might be expected to sell for around £145,000 (£272 x 534). However, the actual list price is higher than this estimate. This difference might be justified by the property’s location on High Street, its proximity to local amenities and the inclusion of a garden, however small and overgrown. The lower than average price per sqft in the area may also be a factor. The property is significantly smaller than the average property size in the area, which further supports the lower price. However, the condition of the property and the need for garden maintenance should be considered when assessing value. Nearby comparable properties are listed at prices ranging from £75,000 to £260,000, showcasing a wide price range in the area. This makes it difficult to definitively assess the reasonableness of the list price without further information.

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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