Considering the property’s location in a relatively desirable area of Redcar, its condition (requiring some modernisation), and the limited information on square footage, the list price of £120,000 seems reasonable but not exceptional value. Comparable properties in the area seem to be in a similar price range, suggesting that the list price is fair market value for this property.

Based on the photos, the property appears habitable but requires some updating and modernisation. While the structure seems sound, the interior finishes, kitchen, and bathroom seem dated and could benefit from renovation. This suggests a need for investment, limiting the condition score.

The property is located in Redcar East, described as a sought-after area with proximity to the beach, shops, and transport links. The presence of nearby schools and a train station (Redcar East) further enhances its appeal. However, Redcar itself might not be considered a prime location by all buyers, hence a score below the highest possible.

The property has a small garden, which adds some value, but it’s not exceptionally large. The presence of outbuildings is a positive but doesn’t significantly increase the land score compared to properties with larger gardens or more extensive grounds.