next2buy says ..

Property Oracle says ..

The property is a two-bedroom terraced house located in Wallsend, North Tyneside. The list price is £160,000. The property appears to be in good condition, recently decorated and well-maintained. The kitchen and bathroom look modern and updated. There is also a small garden area at the rear of the property. While the plot size is listed as 0.00 sqft, the images show a small, manageable garden, suggesting a small, but usable outdoor space. Considering the average price per sqft in the area is £302, and this property is 300 sqft, a rough estimate of the property value would be around £90,600. However, the average house price in the area is significantly higher at £525,346, and the average house size is much larger at 1,735 sqft. Nearby comparable properties range from £85,000 to £380,000, indicating a wide price range in the area. The list price of £160,000 sits within this range, but is higher than some of the smaller properties. The property’s modern condition and the inclusion of a garage may justify the higher price point compared to some of the other nearby listings. More information on the size of comparable properties would allow for a more accurate price assessment. The property is located close to several schools with good Ofsted ratings, including Battle Hill Primary School and Churchill Community College, both within a kilometer of the property. This is a positive factor for families. The proximity to Heworth train station (7.31 KM) provides access to public transportation.

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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