Michael Poole says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located on High Street West in Redcar, North Yorkshire. It’s listed at £125,000 and has 442.19 sqft of living space. The average house price in the area is £112,739, with an average price per sqft of £149. The property benefits from being close to the Redcar Central train station (0.91km). Several primary and secondary schools are also within a reasonable distance, including Newcomen Primary School (rated Outstanding by Ofsted) at 1.19km.

The property appears to be in generally good condition, although some areas might benefit from modernisation. The kitchen and bathroom appear recently updated. However, some rooms retain older features and décor, which could be considered dated by some buyers. The property includes a small, enclosed yard, providing some outdoor space.

Given the property’s location near transportation and schools, its relatively good condition (considering some modernisation is needed), and the small yard, the list price of £125,000 seems reasonable in comparison to other nearby properties. While some comparable properties are listed at higher prices, others are significantly lower. The property’s smaller size (442.19 sqft) compared to the area average (756 sqft) is a factor to consider. The price per sqft is slightly below average for the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images