Barratt Homes says ..

Property Oracle says ..

The property is a 3-bedroom house located in Fernwood, Newark, Nottinghamshire. The list price is £312,995, and the property has a size of 380 sqft. The average price for properties in the area is significantly higher at £355,677, with an average size of 1,048 sqft. This suggests that the property is smaller than average for the area. The average price per sqft in the area is £339, while this property’s implied price per sqft is considerably higher. The photos show a newly built property that appears to be in excellent condition. It has a modern design and fixtures, suggesting minimal need for repairs or renovations. The property also benefits from what seems to be a small garden or patio area, accessible from the living room and kitchen. The location is within a new housing development. While the proximity to schools and transportation links is positive, the immediate surroundings appear to lack established amenities. Nearby streets show a mixed range of property prices, indicating some price variation within the area. The presence of a nearby playground is a positive aspect for families. The overall location score is difficult to assess without more detailed information on local facilities and community aspects. Considering the smaller size of the property compared to the area average, its new condition, and the seemingly limited land, the list price of £312,995 appears somewhat high relative to the average price per sqft in the area. However, the fact that the property is new, modern, and in a desirable location could justify a higher price per sqft compared to older properties. More information on the plot size would aid in a more precise evaluation of the 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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