CJ Hole says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom house located on Gerald Road in Salford, Greater Manchester. It has a total area of 1,117.29 sqft and is listed at £590,000. The property benefits from a good-sized garden and a recently updated interior. The photos show a modern kitchen and bathroom, and the living areas appear well-maintained and tastefully decorated. The property’s location is convenient, with nearby schools and transport links. Edstart, a school with a “Good” Ofsted rating, is particularly close by (0.01 KM). Salford Crescent train station is also within a reasonable distance (1.47 KM).

The average house price in the area is £242,498, significantly lower than the asking price of this property. However, the average size of properties in the area is 990 sqft, considerably smaller than this property’s 1,117.29 sqft. The average price per sqft in the area is £244. This property, therefore, commands a higher price per sqft than the average. The higher price is likely justified by the property’s larger size, modern updates, and the inclusion of a garden, which is a desirable feature. The relatively close proximity to good schools and transport links also contributes to the higher value.

Considering the property’s condition, location, and the size of the land, the list price of £590,000 appears high compared to the average house price in the area. However, when considering the size of the property and its modern features, the price is more reasonable. Further analysis of comparable properties with similar features and location would be beneficial to determine a more precise valuation.

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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