FHP Living says ..

Property Oracle says ..

The property is a 5-bedroom house with 1 bathroom, situated in Mapperley Park, Nottingham. The property boasts a total area of 1,576.14 sqft and a plot size of 2,218.44 sqft. The list price is £525,000. The location in Mapperley Park is generally considered desirable. The proximity to Nottingham city centre (within two miles) offers convenient access to amenities. The presence of several schools nearby, including St Augustine’s Catholic Primary and Nursery School (rated ‘Good’ by Ofsted) and Haydn Primary School (rated ‘Outstanding’), is a significant positive for families. The area’s conservation status suggests a pleasant, established residential environment. However, the presence of Jamia Al-Hudaa Residential College, rated ‘Inadequate’ by Ofsted, may be a factor some buyers consider. Based on the provided photographs, the property appears to be in excellent condition. It has undergone a recent renovation or refurbishment, featuring a modern kitchen and updated bathrooms. The interior finishes appear high-quality and well-maintained. The exterior also presents well, suggesting minimal need for immediate repairs. The property includes a garden, which is a desirable feature in the UK housing market. The size of the garden is relatively modest but provides outdoor space. Considering the property’s condition, location, and land, the list price of £525,000 requires further analysis. The average price in the area is £249,382, and the average price per sqft is £266. This property is significantly above the average price, but the superior condition, larger size (1,576.14 sqft), and the inclusion of a garden justify a higher price. However, nearby comparable properties on Ebers Road show a range of prices, with some significantly lower. Therefore, while the property is likely to be considered good value relative to its features, a detailed comparison with similar recently sold properties in the immediate vicinity is needed to definitively assess the list price’s reasonableness. The lack of information on comparable properties in the area makes a definitive price assessment challenging.

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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