Andrew Craig says ..

Property Oracle says ..

The property is a 2-bedroom apartment located in South Shields, Tyne and Wear. Based on the provided information and images, the apartment is in good condition with modern fixtures and finishes. There is no visible evidence of significant wear and tear or the need for repairs. The proximity to Westoe Crown Primary School is a positive aspect for families. While other schools are within a reasonable distance, the lack of detailed information on transport links makes it difficult to fully assess the location’s overall convenience. Nearby streets show mixed average prices, indicating some price variation in the immediate area. The list price is £140,000. Considering the average price per sqft in the area is £342.00, and this apartment is 522.48 sqft, a rough estimate of the expected price would be around £178,760. However, the average price of properties in the area is significantly higher (£482,757), and the average size is much larger (1410 sqft). The nearby listings of similar apartments (Brass Thill Way) show prices in the range of £117,500 to £129,995. Therefore, while the price per sqft is higher than the average, the overall list price appears reasonable compared to similar properties in the area. The lower average price and size of nearby properties may be due to different property types or conditions.

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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