Mundys says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom house with a total area of 532.81 sqft and is listed at £215,000. The average price for properties in the area is £288,802, with an average price per sqft of £298. This property is significantly smaller than the average at 532.81 sqft compared to 969 sqft. Considering the smaller size and lower list price compared to the average, the price may appear initially attractive. However, further analysis is needed. The property appears to be in good condition based on the provided photos. The interior is modern and well-maintained, showing no visible signs of significant damage or disrepair. The kitchen and bathroom look recently updated. The exterior also appears to be in good condition. The presence of a garden, albeit small, is a positive aspect. The location in Welton, Lincoln, benefits from proximity to several schools, including Dunholme St Chad’s Church of England Primary School (rated ‘Good’ by Ofsted) and Welton St Mary’s Church of England Primary Academy (also rated ‘Good’). The distance to these schools is relatively short, making it convenient for families with children. The average house price on Hawks Road is £299,613, suggesting the property is priced competitively for the area. Considering the property’s good condition, relatively convenient location near schools, and the presence of a small garden, the list price of £215,000 seems reasonable, especially when compared to the average price per sqft in the area. However, the significantly smaller size of the property compared to the average in the area should be taken into account. The lack of information on plot size makes it difficult to fully assess the value of the land.

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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