Manners & Harrison says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Thornaby, Stockton-on-Tees, with a list price of £40,000. The flat is 400 sqft. Considering the average price of similar properties in the area is £91,208, and the average price per sqft is £128, the list price of £40,000 for this 400 sqft flat appears significantly below average. However, without further information on the property’s condition and specifics of the included amenities, it is difficult to definitively assess the value. Nearby comparable properties range from £22,500 to £30,000, suggesting that the £40,000 asking price might be on the higher end for this immediate area, but still within a reasonable range compared to similar properties. The lack of plot size information makes it impossible to assess the land score. The property’s location appears to be reasonably convenient, with nearby transportation links (Thornaby train station is 0.76km away) and schools (several primary schools within 1km). The proximity to the river is a positive aspect, enhancing the location’s appeal. The images suggest the property is in a modern apartment building and appears to be in good condition. There is no evidence to suggest it needs renovation. The images show a well-maintained exterior and a pleasant waterfront view.

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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