Dwela Limited says ..

Property Oracle says ..

The property is located in Dormanstown, Redcar, North Yorkshire. It is a three-bedroom semi-detached house listed at £92,500. The average house price in the area is significantly higher at £166,080, and the average price per square foot is £168.00. However, the provided listing does not include the square footage of the property, making a direct comparison difficult. Nearby properties on Grinkle Road have sold for between £32,000 and £80,000, suggesting a range of property values in the immediate vicinity. Other nearby listings range from £105,000 to £140,000, indicating a broader market price range in the surrounding area. The proximity to several schools, including Newcomen Primary School (rated Outstanding), is a positive factor. The distance to Redcar Central train station is approximately 2.30 KM, offering convenient access to public transportation. Based on the provided images, the property appears to be in need of some modernisation and updating. The walls show signs of wear and tear in several rooms, and the garden requires attention. The kitchen and bathrooms also appear dated. While the property benefits from a small garden, its current condition would likely require investment to improve its overall appeal. Given the condition of the property and the lower-than-average price compared to similar properties in the area, the listing price of £92,500 may be considered reasonable for a buyer willing to undertake renovations. However, the lack of square footage information prevents a definitive conclusion on the price per square foot and its value relative to the market.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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