Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £11...
Property Oracle says ..
The property is a 2 bedroom semi-detached house located in Gateshead, Tyne and Wear. The list price is £110,500. The property benefits from being close to several primary schools which are rated ‘Outstanding’ or ‘Good’ by Ofsted. Transport links are also good, with several train stations within a reasonable distance. Based on the provided images, the property appears to be in generally good condition, though some minor cosmetic updates might enhance its appeal. The kitchen and bathrooms show some signs of age, but are functional. There is evidence of some minor cosmetic repairs needed to the walls and ceilings. The property does not appear to be in need of major structural work. The property has a small garden, which is a positive feature. However, the plot size is relatively small compared to other properties in the area. Considering the list price of £110,500, the average price in the area is significantly higher at £275,146. The average price per sqft is £234.00, and this property is 913.86 sqft. Given this, the list price is considerably lower than the average for the area. However, nearby comparable properties are listed at a much higher price. The lower price may reflect the smaller plot size and the need for some minor cosmetic improvements. This suggests the property may represent good value for money, despite needing some updating.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 0
- Sqft (est)
- 913.86
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 265,000.00 £Increased by 2.60 %
- Est sale value
- 242,172.90 £Increased by 9.05 %
- Average area rental value
- 1,270.00 £/moDecreased by 15.05 %
- Est letting value
- 913.86 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.75 %Decreased by 17.27 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Eslington Primary School | Community Special School | Outstanding | 1.11 KM |
| Lobley Hill Primary School | Community School | Good | 1.12 KM |
| St Philip Neri Catholic Primary School, Dunston | Academy Converter | 1.13 KM | |
| St Aidan'S Church Of England Primary School | Voluntary Aided School | Outstanding | 1.23 KM |
| Emmanuel College | City Technology College | Outstanding | 1.55 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Norwood Road | £ 255,000 | 0 | 0.00 KM |
| Lobley Hill Road | £ 0 | 0 | 0.00 KM |
| Pennine Gardens | £ 0 | 0 | 0.00 KM |
| Coach Road | £ 240,000 | 0 | 0.00 KM |
| Goodwood Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Dunston | 7744 | DOT | 1.51 KM |
| Newcastle | 7728 | NCL | 2.94 KM |
| Manors | 7603 | MAS | 4.13 KM |
| Metrocentre | 7725 | MCE | 4.29 KM |
| Heworth | 7766 | HEW | 8.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Festival Park Drive, Gateshead | £ 110,500 | BUY | 6 / 10 | 0.00 KM |
| Festival Park Drive, Gateshead | £ 165,000 | BUY | Unknown | 0.01 KM |
| Comma Court, Gateshead, NE11 | £ 220,000 | BUY | Unknown | 0.04 KM |
| Comma Court, Festival Park, Gateshead | £ 220,000 | BUY | 7 / 10 | 0.04 KM |
| Glanville Close, Festival Park, Gateshead, NE11 | £ 250,000 | BUY | 7 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Festival Park Drive | £ 53,450 | 0.00 KM |
| 27 Festival Park Drive | £ 136,000 | 0.00 KM |
| 7 Festival Park Drive | £ 151,450 | 0.00 KM |
| 35 Festival Park Drive | £ 227,595 | 0.00 KM |
| 37 Festival Park Drive | £ 67,200 | 0.00 KM |