Yopa says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house with a total area of 802.75 sqft and is listed at £240,000. The property benefits from a garden, as shown in the provided photographs. The images also show the property to be in good condition, with a modern kitchen and recently decorated rooms. The average price for properties in the area is £279,500, with an average size of 1,150 sqft and an average price per sqft of £243. This property is smaller than average, at 802.75 sqft, and is listed at a lower price than the average for the area. However, nearby comparable properties on Centenary Close have sold for significantly less, ranging from £49,000 to £150,000. These properties are likely smaller or in a different condition. The nearby listings provide a broader range of prices, indicating a varied market in the area. The presence of nearby schools, including The Newark Academy and Newark Orchard School (both rated ‘Good’ by Ofsted), and relatively close proximity to Newark North Gate and Newark Castle train stations, suggests a convenient location. Considering the property’s apparent good condition, the presence of a garden, and its location near amenities and transport links, the list price of £240,000 appears reasonable, especially when compared to the lower end of the price range of similar properties on Centenary Close. However, further investigation into the specifics of the lower-priced sales on Centenary Close would be beneficial to fully assess the value.

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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