Bowes Mitchell says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom terraced house located in Newcastle upon Tyne. The list price is £200,000. The property appears to be in excellent condition. The interior is modern and well-maintained, with recently updated fixtures and fittings. The kitchen and bathrooms are particularly modern and stylish. There is no visible evidence of wear and tear or damage. The exterior is also in good condition. The property benefits from a small rear garden, suitable for young children. The garden includes a patio area, a small lawn, and some play equipment. While not extensive, it provides some outdoor space. Considering the average price of properties in the area is £461,500 and the average price per square foot is £423, this property is significantly below average. The property’s modern condition and the inclusion of a garden, albeit small, would suggest a higher value than the list price. However, the location may influence the price. The area’s average price per square foot is significantly higher than the price per square foot implied by the list price of this property. This suggests a possible undervaluation, though further market research in the immediate vicinity would be necessary to confirm this.

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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