YOUR MOVE Chris Stonock says ..

Property Oracle says ..

The property is a 4 bedroom, 2 bathroom house located in St Andrews, Houghton Le Spring, Tyne and Wear. The list price is £360,000 and the property is 1,175.20 sqft. The average price for properties in the area is £190,680 with an average price per sqft of £186. Based on the provided images, the property appears to be in excellent condition. It has been recently renovated or built, featuring modern fixtures and finishes throughout. The kitchen and bathrooms are contemporary and well-appointed. The property also benefits from a substantial garden area. The presence of a garage and additional outbuildings adds further value. The location, in St. Andrews, Houghton Le Spring, is close to several schools, including Dubmire Primary (Good Ofsted rating) and Burnside Academy Inspires (Good Ofsted rating). The proximity to Chester-le-Street train station provides convenient access to public transport. While the plot size is not specified, the property has a substantial garden area. Considering the property’s condition, location, and apparent plot size, the list price of £360,000 appears reasonable, though potentially slightly on the higher end of the market. Comparable properties in the area are significantly lower in price, however, these properties are smaller and may not be in the same condition. The property’s modern design, high-quality fixtures, large garden, and convenient location justify the higher price point. The average price per sqft in the area is £186, while this property is listed at a higher price per sqft. However, given the superior condition and features, the higher price per sqft is justifiable.

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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