Michael Poole says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Fairfield, Stockton-on-Tees, with a list price of £160,000. The house has approximately 700 sqft of living space and benefits from a garden. The area has an average house price significantly higher than the list price of this property, at £525,792, and an average price per sqft of £662. However, it’s important to note that the average sqft for the area (794 sqft) is larger than the property in question.

Considering the property’s location, it is within reasonable proximity to several primary and secondary schools, all rated ‘Good’ by Ofsted where ratings were provided. There are also several train stations within a reasonable commuting distance, providing convenient access to public transportation.

The images suggest the property is in good condition and has recently undergone some modernisation or refurbishment. The interior appears clean, well-maintained, and freshly decorated. The kitchen and bathrooms seem updated, though the bathroom’s style might be considered dated by some. The property has a small, manageable garden.

Given the list price of £160,000, compared to the significantly higher average house price in the area (£525,792), this property appears to be priced competitively, especially considering its good condition and proximity to amenities. However, the relatively small size of the property (700 sqft) compared to the area average (794 sqft) should be considered. The lack of bathroom information in the initial data is also a factor to consider. While the photos show a bathroom, more details would allow for a more thorough analysis. Considering all factors, the property presents a potentially good value proposition for a buyer seeking a well-maintained, conveniently located home in Stockton-on-Tees.

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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