Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £60...
Property Oracle says ..
The property is a 1-bedroom flat located on Wansbeck Road in Gosforth, Newcastle Upon Tyne. It’s within close proximity to Regent Farm First School (0.25km), a school rated ‘Good’ by Ofsted. Several other schools are also within a reasonable distance. Public transport links appear good, with several train stations within a 5-7km radius.
The flat itself is presented in good condition based on the images provided. The kitchen and bathroom appear recently modernised, and the living areas are well-maintained. There is evidence of a small garden to the rear of the property.
Considering the average price per square foot in the area is £207, and this property is listed at £60,250 for 468.23 sqft, this translates to approximately £128.70 per sqft. This is significantly lower than the area average, suggesting the list price may represent good value. However, the lack of information on the specifics of the property’s size, and the limited data on comparable properties, makes a definitive conclusion difficult. More information regarding the property’s condition and size would aid in a more accurate assessment. Based on the information provided, the property appears to be a reasonable purchase, given its location, condition, and potentially competitive price. Further investigation into comparable properties and a more detailed property survey would be advisable before making a final decision.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 0
- Sqft (est)
- 468.23
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 193,425.00 £Decreased by 28.79 %
- Est sale value
- 93,177.77 £Decreased by 23.46 %
- Average area rental value
- 886.00 £/moDecreased by 19.23 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 5.50 %Increased by 13.40 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Regent Farm First School | Foundation School | Good | 0.25 KM |
| Grange First School | Foundation School | Good | 0.86 KM |
| St Charles' Catholic Primary School | Academy Converter | 1.05 KM | |
| Great Park Academy | Free Schools | 1.34 KM | |
| Gosforth Academy | Academy Converter | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Laurel Avenue | £ 0 | 0 | 0.00 KM |
| Rowan Drive | £ 0 | 0 | 0.00 KM |
| Park Avenue | £ 185,000 | 0 | 0.00 KM |
| Sycamore Square | £ 0 | 0 | 0.00 KM |
| Ashburton Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newcastle | 7728 | NCL | 5.56 KM |
| Manors | 7603 | MAS | 5.80 KM |
| Metrocentre | 7725 | MCE | 7.06 KM |
| Dunston | 7744 | DOT | 7.24 KM |
| Cramlington | 7579 | CRM | 9.10 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wansbeck Road, Gosforth | £ 60,250 | BUY | 6 / 10 | 0.00 KM |
| Wansbeck Road, Gosforth | £ 90,000 | BUY | 7 / 10 | 0.01 KM |
| Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3 | £ 70,000 | BUY | Unknown | 0.14 KM |
| Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3 | £ 55,000 | BUY | 6 / 10 | 0.14 KM |
| Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3 | £ 70,000 | BUY | 5 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Wansbeck Road | £ 65,000 | 0.00 KM |
| 28 Wansbeck Road | £ 94,500 | 0.00 KM |
| 40 Wansbeck Road | £ 68,000 | 0.00 KM |
| 38 Wansbeck Road | £ 94,500 | 0.00 KM |
| 12 Wansbeck Road | £ 74,000 | 0.00 KM |