Rook Matthews Sayer says ..

Property Oracle says ..

The property is located on Newminster Road in Fenham, Newcastle Upon Tyne. It\’s a semi-detached house with three bedrooms and one bathroom, offering 1,280.91 square feet of living space and a plot size of 1,626.43 square feet. The list price is £240,000.

The average house price in the area is £166,068, with an average of 828 square feet costing £200 per square foot. Nearby properties on Newminster Road range in price from £165,000 to £265,000. Other nearby semi-detached properties have list prices ranging from £200,000 to £365,000. Given the size of this property (1280.91 sqft) and the average price per sqft in the area (£200), a reasonable estimate of the property’s value would be in the region of £256,182. The list price of £240,000 is therefore slightly below this estimate, suggesting it could represent good value. However, this is dependent on the property’s condition and the desirability of its location and land.

The property appears to be in good condition, with a recently updated bathroom and a generally well-maintained interior. The garden is of a reasonable size, providing outdoor space. The location benefits from proximity to several schools, including Hadrian School and Sacred Heart Catholic High School, both with outstanding Ofsted ratings. Transportation links are also relatively close, with several train stations within a reasonable distance.

Based on the provided information and images, the property appears to be well-presented and situated in a desirable area, making the list price seem relatively reasonable. Additional factors, such as the specific condition of the property’s structure, could influence the overall assessment.

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

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