Michael Poole says ..

Property Oracle says ..

The property is a 2 bedroom flat located in Stockton-on-Tees, County Durham. The list price is £65,000. Based on the images provided, the property appears to be in good condition and has recently been modernised. The kitchen and bathroom are modern and well-maintained. The bedrooms are also in good order. There is a small garden area to the rear of the property. The property is located close to several schools, including Our Lady & St. Bede Catholic Academy which has an ‘Outstanding’ Ofsted rating. There are also several primary schools within a short distance. The location is also convenient for access to public transport, with several train stations within a reasonable distance. The average price for properties in the area is significantly higher than the list price of this property. However, it should be noted that the average property size is considerably larger (950 sqft compared to 605 sqft). The average price per sqft in the area is £200. Given the smaller size and type of property, the list price of £65,000 appears reasonable. Nearby properties on Foxwood Drive have sold for prices ranging from £115,000 to £270,000, indicating a wide range of values in the area. The lower end of this range supports the pricing of the subject property.

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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