Brunton Residential says ..

Property Oracle says ..

This property is a 4 bedroom, 2 bathroom terraced house located in Hexham, Northumberland. It’s listed at £650,000 and has 1,320.73 sqft of living space. The property benefits from a sizeable garden.

The property appears to be a period property, well maintained and in good condition. The interior shows some traditional features alongside some more modern updates to the kitchen and bathrooms. The property benefits from a large garden and what appears to be off-street parking.

The average house price in the area is £549,545, with an average size of 1,288 sqft and an average price per sqft of £426. This property is larger than average and located in a desirable area, suggesting the list price may be justified, even considering the slightly higher price per sqft. However, a detailed comparison with similar recently sold properties in the immediate vicinity would be needed to confirm this. The nearby properties show a significant price difference, ranging from £90,000 to £200,000, indicating potential variability in pricing depending on specific features and condition. The lack of sqft data for nearby properties makes direct comparison difficult.

The location is excellent, with good proximity to schools (including several rated ‘Outstanding’ or ‘Good’ by Ofsted) and a train station. This further supports the higher list price.

The property’s condition is good, with no obvious signs of needing major renovation. The modern updates to the kitchen and bathrooms are a positive factor.

The property has a significant amount of land compared to other properties in the area. This is a key feature that adds value.

Considering the property’s size, location, condition, and land, the list price of £650,000 appears to be at the higher end of the market but potentially justifiable given the property’s features and the desirability of the location. More comparable sales data would allow for a more precise assessment of the price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images