Oliver Reilly says ..

Property Oracle says ..

The property is located on London Road in New Balderton, Newark, Nottinghamshire. It’s a 3-bedroom, 1-bathroom house with a total area of 615 sqft and a plot size of 0.00 sqft. The list price is £160,000.

The property appears to be in good condition based on the provided photos. The interior is presented well with modern updates to the kitchen and flooring, suggesting recent renovations or maintenance. There is evidence of a well-maintained garden.

The location is positive. The property is close to several schools, including John Hunt Academy (0.14 km), The Newark Academy (0.30 km), Newark Orchard School (0.45 km), and Chuter Ede Primary School (1.12 km). Proximity to schools is a significant advantage for families. The area also benefits from its relative closeness to Newark North Gate and Newark Castle train stations.

Considering the average price per sqft in the area is £243, and this property is listed at £160,000 for 615 sqft, the price per sqft is approximately £260. While slightly higher than the average, this is not unreasonable given the apparent good condition and proximity to amenities and schools. The lack of plot size information makes it difficult to fully assess the value, as a larger garden would likely justify a higher price. However, based on comparable properties in the area, the list price appears to be within a reasonable range. Several nearby properties on London Road are listed for similar prices, which supports this assessment.

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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