Wayne Lewis - Property Expert says ..

Property Oracle says ..

Alma Street is located in Cwmtillery, Blaenau Gwent, which is in the West Wales And The Valleys district of Wales. The property is a terraced house with two bedrooms and one bathroom. It has a total area of 736.14 sqft and a plot size of 775 sqft. The list price is £140,000.

The average house price in the area is significantly higher at £378,919, with an average price per sqft of £352. However, the average sqft for properties in the area is 1,076 sqft, considerably larger than the property in question. Several nearby properties on Alma Street and Edward Street have recently sold for between £65,000 and £120,000, suggesting that the £140,000 list price is at the higher end of the market for similarly sized properties in this location.

The property appears to be in good condition, with a recently renovated interior and a modern kitchen and bathroom. The garden is relatively small but is well-maintained. The location is convenient, with several nearby schools and transportation links. However, the area’s average house price is substantially higher, indicating that this property might be priced competitively within its immediate vicinity but may not reflect the broader area’s market value.

Considering the property’s condition, location, and size relative to comparable properties in the area, the price seems reasonable, though perhaps slightly higher than the average for similar properties on Alma Street. The smaller size of the property compared to the area average may justify the lower price.

The property includes a garden, though it’s relatively small. The proximity to schools and transportation links is a positive factor for the location score. The overall condition of the property is good, based on the photos provided. The price, while slightly higher than some comparable properties, is reasonable given the condition and location.

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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