Pattinson Estate Agents says ..

Property Oracle says ..

The property is a ground floor flat located in Meadow Vale, Shiremoor, Newcastle upon Tyne. Based on the provided images, the property appears to be in good condition and well-maintained. The interior is modern and clean, with a recently updated kitchen and bathrooms. There is no evidence of any significant repairs or renovations needed.

The location benefits from being relatively close to several schools, including Parkside House School (Good Ofsted rating) and Holystone Primary School (Outstanding Ofsted rating), both within a kilometer. The proximity to Heworth train station (9.85 KM) offers convenient access to public transportation. However, the provided data lacks information on the immediate vicinity’s amenities and shops, making a conclusive statement about the location’s overall desirability difficult.

Information about the plot size is missing, preventing an assessment of the amount of land associated with the property. Therefore, no land score can be provided.

Considering the list price of £150,000 and the average price of similar properties in the area (£383,229), this property seems significantly underpriced. However, the lack of square footage information for this property and nearby comparable properties prevents a precise price per square foot comparison. The average price per square foot in the area is £241, but without the square footage of the subject property, a definitive price assessment is impossible. Further, the comparison properties are predominantly detached houses, which typically command higher prices than flats. The lower price may reflect the property type (ground floor flat) and the absence of outdoor space.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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