Whaggs Lane, Whickham, NE16
Sarah Mains Residential Sales and Lettings logo

Whaggs Lane, Whickham, NE16

By Sarah Mains Residential Sales and Lettings

£ 295,000

Reviews

2 out of 5 stars

Sarah Mains Residential Sales and Lettings says ..

REQUIRING UPDATING AND REFURBISHMENT, this larger style semi detached family home boasts driveway parking, GARDENS and an ATTACHED GARAGE. The living space offers TWO RECEPTION ROOMS, a kitchen, useful utility room, THREE DOUBLE BEDROOMS and a spacious bathroom. The HIGHLY DESIRABLE LOCA...

Property Oracle says ..

This three-bedroom semi-detached house on Whaggs Lane, Whickham, presents a mixed bag for potential buyers. Located in a desirable area known for its good schools and transport links, its location is a key selling point. Families will particularly appreciate the proximity to several highly-rated primary and secondary schools within walking distance. Access to transport links such as the Metrocentre is convenient though requires a car.

However, the property’s condition is a significant factor. The provided photographs reveal outdated interiors and the need for extensive modernisation. The kitchen is particularly dated, and the other rooms require updating. While the bathroom appears relatively modern, the overall impression is that significant renovation work would be required before the property is move-in ready.

The property does benefit from a garden which, based on the images, appears reasonably sized and usable. While the exact dimensions aren’t given, it adds a pleasant external space. The overall property is a three bedroom semi detached, which is a typical style and size within this area.

The listing price of £295,000 should be critically evaluated by buyers in relation to the necessary refurbishment costs. While the location is a significant plus, the condition suggests that buyers will need to factor in a considerable budget for renovation work. Without detailed comparable property sales data within the immediate vicinity and more precise square footage information, it is difficult to definitively assess the value for money. The lack of precise plot size information also makes it difficult to accurately calculate the price per square foot or to effectively compare with neighboring properties.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,158.20

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
265,000.00 £
Increased by 2.60 %
from 258,279.00 £
Est sale value
306,923.00 £
Increased by 9.05 %
from 281,442.60 £
Average area rental value
1,270.00 £/mo
Decreased by 15.05 %
from 1,495.00 £/mo
Est letting value
1,158.20 £/mo
Unchanged by 0.00 %
from 1,158.20 £/mo
Est rental Yield
5.75 %
Decreased by 17.27 %
from 6.95 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Sarah Mains Residential Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Whickham SchoolAcademy ConverterGood0.80 KM
Front Street Community Primary SchoolCommunity SchoolOutstanding1.03 KM
Washingwell Community Primary SchoolCommunity SchoolGood1.06 KM
St Mary'S Roman Catholic Primary SchoolVoluntary Aided SchoolGood1.25 KM
Fellside Community Primary SchoolCommunity SchoolOutstanding1.30 KM

Images

External Garden Kitchen Front Garden Entrance Hallway Entrance Hallway Lounge Lounge Utility Room Bathroom Dining Area Dining Area Landing Bedroom One Bedroom Two Bedroom Two Bathroom Rear Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Mayfield £ 000.00 KM
Elm Court £ 383,33300.00 KM
Oakfield Avenue £ 245,00000.00 KM
Queens Drive £ 465,00000.00 KM
The Grove £ 290,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Metrocentre7725MCE2.58 KM
Dunston7744DOT4.14 KM
Blaydon7503BLO4.88 KM
Newcastle7728NCL7.45 KM
Manors7603MAS8.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Whaggs Lane, Whickham, NE16 £ 295,000BUY5 / 100.00 KM
Whaggs Lane, NE16 £ 500,000BUY6 / 100.08 KM
Whaggs Lane, NE16 £ 500,000BUYUnknown0.08 KM
Mayfield, Whickham £ 335,000BUY7 / 100.09 KM
Whaggs Lane, Whickham £ 450,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
13 Mayfield £ 215,0000.07 KM
4 Mayfield £ 295,1000.07 KM
9 Mayfield £ 220,0000.07 KM
55 Whaggs Lane £ 320,0000.08 KM
42 Whaggs Lane £ 245,0000.08 KM