Frank Innes says ..

Property Oracle says ..

The property is located on Forest Road in Coalville, Leicestershire. It is a four-bedroom, three-bathroom house with a total area of 1,756.13 square feet and a plot size of 1,685.63 square feet. The list price is £325,000. The average house price in the area is significantly lower at £155,825, with an average size of 883 square feet. The average price per square foot is £176. This suggests that the subject property is priced considerably higher than the average for the area. However, without information on the quality of finishes and overall condition, it’s difficult to definitively assess the value. The property appears to be in reasonable condition based on the provided photographs. While some updating might enhance its appeal, it doesn’t appear to require major repairs or renovations. There is evidence of a garden, adding to the property’s desirability. The presence of a conservatory further enhances the outdoor living space. Nearby schools, such as Saint Clare’s Primary School and The Newbridge School, are rated “Good” by Ofsted, indicating a positive aspect for families. The proximity to these schools could positively impact the property’s value. The location, while not explicitly detailed, seems reasonably convenient given the presence of nearby schools. However, more information on the proximity to transport links, shops, and other amenities would be beneficial for a complete assessment. Considering the property’s size (1756 sqft), condition (reasonable), land (present and sizable), and location (in proximity to good schools), the list price of £325,000 appears high compared to the area average. However, the lack of comparable properties with similar features and the absence of detailed information on the property’s condition and location prevents a conclusive determination on the price’s reasonableness. Further investigation into comparable sales in the immediate vicinity is recommended to determine a more accurate valuation.

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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