Hive Estates says ..

Property Oracle says ..

Jesmond is a popular, affluent suburb of Newcastle upon Tyne. The property is located on Shortridge Terrace, which benefits from its proximity to excellent schools, including West Jesmond Primary School (rated Outstanding by Ofsted) and several other well-regarded schools within a short distance. The area also offers good transport links, with several train stations and the city centre easily accessible. This contributes to a high location score. Based on the provided images, the property appears to be in good condition. The interior shows a recently modernised kitchen and bathrooms. While some areas, such as the living room, show some wear and tear, the overall impression is of a well-maintained property. The property benefits from a small yard area and access to a garage. The plot size is relatively small at 992.60 sqft. However, the inclusion of a garage and yard space adds value. The list price of £700,000 is significantly higher than the average price for the area (£404,933). Given the property’s size (462.50 sqft), the price per sqft is considerably higher than the average (£343.00). While the property benefits from a central location and appears to be well-maintained, the significantly higher price compared to similar properties in the area may not represent good value for money. The high number of bedrooms (9) may justify a higher price per sqft in comparison to other properties, however additional information is needed to confirm this. Further investigation into the local market and comparable properties is needed to fully assess the price rationale.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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