Yopa says ..

Property Oracle says ..

The property is a 2 bedroom semi-detached house located in Hamsterley Crescent, Gateshead, Tyne and Wear. It is listed at £145,000 and has 770 sqft of living space. The property benefits from a modern kitchen and a good sized rear garden.

The average house price in the area is £275,146, significantly higher than the list price of this property. However, the average house size is 1175 sqft, considerably larger than the 770 sqft of this property. The average price per sqft in the area is £234, suggesting that the list price of £145,000 could be considered reasonable, especially given the smaller size of the property. Nearby comparable properties on Hamsterley Crescent sold for between £70,000 and £108,000, supporting the relatively low list price.

The property appears to be in good condition, with a recently modernised kitchen and well-maintained interior. The garden is a considerable asset adding to the overall value. The location is close to several primary and secondary schools with varying Ofsted ratings, and is also within reasonable distance of several train stations providing good transport links.

Based on the available information, the property presents good value for money, especially considering its location and condition. The relatively small plot size is a factor that could influence price, but the modern kitchen and garden are positive aspects.

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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