YOUR MOVE Chris Stonock says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom bungalow located in Blackhall Mill, Gateshead, Tyne and Wear. It offers 850.96 sqft of living space and sits on a plot of 1,103 sqft. The list price is £325,000.

The property appears to be in excellent condition. The images show a modern, well-maintained interior and exterior. The kitchen and bathrooms are recently updated and in good condition. There is evidence of a recently constructed garden room/bar which adds to the property’s appeal.

The property benefits from a good-sized garden, as shown in the provided photographs. The garden is well-maintained and includes a patio area and a substantial garden room. This adds significantly to the property’s value and desirability.

Considering the average house price in the area is £176,020 and the average price per sqft is £227, this property, at £325,000, is priced significantly higher. However, the property is larger than average (850.96 sqft vs 775 sqft average) and is in significantly better condition than the average property in the area. The inclusion of the well-finished garden room/bar also adds considerable value. While the price per sqft is higher than the area average, the overall condition, size, and additional features justify the higher asking price to a degree. Further comparative market analysis of similar properties in the immediate vicinity would be needed to fully assess the accuracy of the list price. The lack of sqft data for comparable properties makes a precise price comparison difficult. The proximity to local schools and transport links are positive aspects impacting value.

The property’s location in Blackhall Mill places it within reasonable proximity to primary schools (Chopwell Primary School being the closest at 1.22km) and train stations (Wylam and Prudhoe are the closest train stations at 7.59km and 8.37km respectively). The quality of the local schools and ease of access to transport links are positive factors that contribute to the desirability of the property and potentially justify a higher price.

Based on the images, the property includes a GARAGE, FIREPLACE, PATIO, and SHED.

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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