David Bailes says ..

Property Oracle says ..

St. Margarets Drive, Tanfield Village, Stanley is a 3-bedroom end of terrace property listed for £155,000. The property benefits from a modern fitted kitchen and a small garden to the rear.

The property appears to be in good condition, with a recently fitted kitchen and bathroom. There is evidence of some modernisation throughout the property, however, some aspects such as the carpets and wallpaper appear dated. The property benefits from double glazing and gas central heating. The property is situated on a quiet residential street.

The location is convenient for access to local amenities, including schools and transport links. Tanfield Lea Community Primary School, which is rated ‘Good’ by Ofsted, is within walking distance. Blaydon and Metrocentre train stations are also relatively close, offering convenient access to other areas.

Given the average house price in the area is £316,173, and the average price per square foot is £284.00, the asking price of £155,000 for this property appears to be significantly below average. However, without the square footage of the property it is difficult to accurately assess the value for money. Further, the property is an end of terrace and smaller than the average property in the area. Therefore, the price may reflect the smaller size and type of property.

Based on the information provided, the property is a good value for money option for a first-time buyer or someone looking for a smaller property in a convenient location.

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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