J W Wood says ..

Property Oracle says ..

The property is a 2-bedroom bungalow located in Tantobie, Stanley, County Durham. It is listed at £185,000 and has a plot size of 548 sqft and 117.49 sqft of internal space. The location is reasonably convenient, with Tanfield Lea Community Primary School being approximately 1.24km away. Other schools are within a 3km radius, but their Ofsted ratings are not provided. The proximity to Blaydon train station (8.89km) offers a potential commuting link. The immediate vicinity appears to have local amenities such as Tantobie Food Stores. Based on the images, the property seems to be in good condition, having undergone recent renovation or modernisation. The interior appears modern and well-maintained. The exterior also presents well, with a neat garden. The property has a relatively small plot size of 548 sqft. While this provides a manageable garden, it is smaller than average for the area. Considering the list price of £185,000, the average price for the area is significantly higher at £316,173. However, the average price per sqft in the area is £284, while this property’s price per sqft is much higher. The nearby comparable properties are predominantly terraced houses with significantly lower prices. The lower prices of nearby properties, coupled with the smaller size and plot of this bungalow, suggest that the list price may be slightly on the higher side of the market value. However, the recent renovations and modern condition may justify a higher price compared to older, unrenovated properties in the area.

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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