Collier Estates says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom detached house located in Grasmere Street, Hartlepool, County Durham. The list price is £55,000. The average house price in the area is significantly higher at £117,633, with an average price per square foot of £83. However, the provided data does not include the square footage of the subject property, preventing a direct price per square foot comparison.

Nearby properties are predominantly terraced houses, with prices ranging from £38,000 to £99,950. This suggests that the list price of £55,000 for the detached property could be considered relatively low, particularly if the property is in reasonable condition and of a similar size to the nearby terraced houses. However, without square footage information, this assessment remains incomplete.

The property’s location is near several schools, including Eldon Grove Academy which has a “Good” Ofsted rating. Train stations are also within a reasonable distance. This suggests a convenient location with access to amenities and transportation.

The images reveal that the property is in need of significant modernisation and cleaning. There is clutter throughout, and the overall condition appears poor. This significantly impacts the property’s value and would likely require substantial investment to bring it up to a desirable standard. The lack of garden space is also a notable factor.

In summary, while the location is positive and the list price might seem attractive at first glance, the property’s poor condition and lack of key details like square footage significantly affect its overall value. A comprehensive survey and valuation are recommended before any purchase decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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