The price is given a 7. While the price per sqft cannot be calculated due to the lack of building sqft, the £250,000 asking price for a plot with planning permission to build four houses is reasonable compared to the average house prices in nearby streets. However, the necessary costs of preparing the land and developing the homes mean that the ultimate return on the investment is crucial to the final value appraisal.

The condition score is a 3. The photos show a largely undeveloped plot of land with significant overgrowth. While this doesn’t necessarily indicate poor condition in the sense of disrepair of a building, it does mean the land requires significant preparation before any building work can commence. This lack of preparation is reflected in the low score.

The location scores a 5 due to its proximity to Dundee and rail links, offering some connection to amenities and transport. However, the lack of nearby schools and limited information on local shops and services slightly detracts from its score. More information on the immediate vicinity would improve the location score.

The land receives an 8. The plot size is substantial at approximately 0.8 acres, offering significant development potential. This large size and potential for multiple dwellings contributes to the high score.