Miller Homes East Midlands says ..

Property Oracle says ..

The property is a 3-bedroom house located on Main Street in Woodthorpe, Loughborough. The list price is £455,000, and the property has a size of 487.82 sqft. The average price for properties in the area is £549,850, with an average size of 1,260 sqft and an average price per sqft of £436. The property appears to be newly built or recently renovated, as evidenced by the modern fixtures and finishes shown in the photographs. The kitchen and bathrooms are contemporary in style and appear well-maintained. The property includes a small rear garden, visible through the patio doors. While the property is smaller than the average house in the area, its modern condition and what appears to be a convenient location are positive factors. The proximity to Loughborough town centre and transport links could be advantageous for buyers. However, the lack of plot size may be a drawback for some buyers. The list price of £455,000 is lower than the average price of £549,850 for the area. However, considering the significantly smaller size of the property (487.82 sqft compared to the average of 1,260 sqft), the price per sqft is considerably higher than the area average. This suggests that the price may reflect the property’s modern condition and desirable location, but it’s important to note the smaller size. Further investigation into comparable properties of similar size and condition in the immediate vicinity would be beneficial to determine the accuracy of the list price.

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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