Arden Estates says ..

Property Oracle says ..

The property is located in Severn Terrace, Worcester, a desirable area in the Cathedral locality. The proximity to Worcester Foregate Street train station (0.66 KM) provides convenient access to transport links. Several schools are within a reasonable distance, including Royal Grammar School Worcester (0.56 KM) and St George’s Catholic Primary School (0.63 KM). The photos show the property to be in excellent condition, having undergone a tasteful and modern renovation. The kitchen and bathrooms are particularly well-presented. The property benefits from a garden, though relatively small, and private parking.

Considering the property’s condition, location, and the inclusion of a garden, the list price of £650,000 appears high compared to the average price of £280,686 for the area. The average price per square foot in the area is £290.00, while this property, at £650,000 for 1,300 sqft, works out to approximately £500 per sqft. While the property is beautifully presented and in a convenient location, the price per square foot is significantly above average, suggesting a premium is being placed on the renovation and location. Nearby properties on Severn Terrace show a wide range of prices, with some significantly lower, however, these lack the same level of renovation. Therefore, a detailed comparative market analysis of similarly renovated properties in the immediate vicinity would be needed to fully justify the list price.

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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