Woodward Estate Agents says ..

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom, listed at £400,000 and has a total area of 1,254 square feet. The average price for properties in the area is £394,671, with an average size of 1,027 square feet and an average price per square foot of £384. This property is therefore larger than average. Considering the photos, the property appears to be in excellent condition. It has recently been renovated or updated, with a modern kitchen and bathroom. The interior is well-maintained and tastefully decorated. The property also benefits from a garden. The location in Smalley, Derbyshire appears desirable. The proximity to nearby schools like Richardson Endowed Primary School (0.60 KM) and several other schools within a reasonable distance is a positive factor for families. The presence of nearby transportation options, albeit at a distance of several kilometers, also adds to the property’s convenience. Given the property’s excellent condition, desirable location, and inclusion of a garden, the list price of £400,000 appears reasonable, especially considering its size of 1254 sqft, which is larger than the average for the area. The average price per sqft in the area is £384, which is lower than the implied price per sqft of this property (£319). However, the superior condition and features of this property justify the slightly higher price per sqft. Nearby comparable properties on Wilmot Drive range in price from £190,000 to £380,000, with the higher-priced properties likely having similar features and condition.

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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