Chase Holmes says ..

Property Oracle says ..

The property is a 3-bedroom terraced house with 1 bathroom, situated in Hebburn, Tyne and Wear. The list price is £129,950, and the property has a floor area of 850 sqft. The average price for properties in the area is significantly higher at £482,757, with an average size of 1410 sqft and an average price per sqft of £342. The property benefits from its proximity to several schools, including Bede Burn Primary School (Good Ofsted rating), St Matthew’s RC Voluntary Aided Primary School (Outstanding Ofsted rating), and Valley View Primary School (Outstanding Ofsted rating), all within a 1km radius. This is a positive factor for families. The nearby Heworth train station, approximately 6.58km away, provides access to public transportation. The images show a property that appears to be in good condition. The interior has been recently decorated and updated, with modern flooring and kitchen units. There is a small garden area at the rear of the property. Considering the average price per sqft in the area (£342) and the property’s size (850 sqft), a rough estimate of the expected price would be around £290,700. However, the actual list price is significantly lower at £129,950. This suggests the property may represent good value for money, especially considering the recent renovations and its proximity to good schools. However, it’s important to note that the lack of plot size information and the lower-than-average property size may influence the overall value. Further investigation into the reasons behind the low list price is recommended. The property includes features like a fireplace and what appears to be a recently updated kitchen and bathroom. There is also a small, enclosed garden.

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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