William H. Brown says ..

Property Oracle says ..

The property is a three-bedroom, two-bathroom house located in Mapperley, Nottingham. The list price is £140,000. The average house price in the area is significantly higher at £249,382, with an average price per square foot of £266. However, the provided data does not include the square footage of the subject property, preventing a direct comparison using price per square foot. Nearby properties on Banksman Close itself show a range of prices, from £135,000 to £220,000, indicating some price variability on the street. Other nearby listings in the area show prices ranging from £115,000 to £250,000, reflecting a diverse market with properties of varying sizes and types. The proximity to several schools with good Ofsted ratings (Our Lady & St Edward, Blue Bell Hill, Hogarth Academy, and Rosehill School) is a positive factor for families. Good transport links to Nottingham city centre via East Midlands Railway are also advantageous. The image shows a terraced house that appears to be in reasonable condition, though a more detailed inspection would be needed to assess its condition fully. There is no information about the presence of a garden. Given the lack of information regarding the property’s square footage and the significant difference between the list price and the area average, a conclusive assessment of the price’s reasonableness is challenging. The list price is substantially lower than the average price for the area, but the absence of key property details makes it impossible to determine if this represents good value or if there are underlying factors affecting the price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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