YOUR MOVE Chris Stonock says ..

Property Oracle says ..

This property is a 4-bedroom, 2-bathroom detached house located in Houghton le Spring, Tyne and Wear. The list price is £240,000, and the property has 943.24 sqft of living space. The property appears to be in excellent condition, with modern fixtures and fittings throughout. The images show a recently decorated interior with a contemporary style. There is evidence of a well-maintained garden, which is a significant asset. The location is positive; several well-regarded primary schools are within a reasonable distance (Dubmire Primary, Woodlea Primary School, Bournmoor Primary School), all rated ‘Good’ by Ofsted. The proximity to Chester-le-Street train station (8.81km) provides convenient access to commuting routes. Considering the average house price in the area is £190,680 and the average price per sqft is £186, this property’s price per sqft (£254.41) is slightly higher. However, given its excellent condition, modern features, and the inclusion of a garden (a rare feature in many properties of this type and size), the asking price appears reasonable, though perhaps slightly on the higher end of the market value. Nearby comparable properties show prices ranging from £169,000 to £249,950, supporting this assessment. The lack of plot size information in the provided data prevents a more precise land valuation.

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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