Heaton Property says ..

Property Oracle says ..

The property is a 6 bedroom, 2 bathroom terraced house located in Cardigan Terrace, Newcastle upon Tyne. It is listed for £325,000 and has a total area of 1,931.05 sqft. The plot size is not specified. The property appears to be in a generally good condition, although some rooms show signs of wear and tear consistent with a property that has been lived in. The kitchen has been recently updated with modern grey cabinets and appliances. The bathrooms are functional but could benefit from some modernisation. The property retains some period features, such as the fireplaces and ceiling roses. The location in Ouseburn, Newcastle upon Tyne, is generally considered desirable. The area is known for its independent shops, restaurants, and proximity to the city centre. Several primary schools are within a reasonable distance, with some rated as “Good” or “Outstanding” by Ofsted. Public transport links, including train stations, are also relatively close by. Given the average price per sqft in the area is £296, and this property is listed at £325,000 with 1931.05 sqft, the price per sqft is approximately £168. This is significantly lower than the average for the area. However, the lack of plot size information makes it difficult to definitively assess the value. The property’s condition and the number of bedrooms (6) may contribute to its lower price per sqft compared to other properties in the area. Further, the nearby properties show a wide range of prices, indicating some variability in the market. A more detailed analysis of comparable properties in the immediate vicinity would be helpful in determining a more precise price assessment. Based on the provided information, the property appears to be reasonably priced considering the number of bedrooms, the location, and the overall condition. The lower price per sqft compared to the area average may be due to the lack of information on the plot size and the need for some minor renovations.

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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