Andrew Craig says ..

Property Oracle says ..

Percy Terrace is located in Grangetown, Sunderland. The property is a terraced house with three bedrooms and one bathroom. While the exact square footage isn’t provided, the list price is £125,000. Nearby comparable properties range from £49,000 to £160,000, suggesting a degree of variability in pricing within the area. The average house price in the area is significantly higher, at £494,694, with an average price per square foot of £378. However, this average may not be directly comparable due to the lack of square footage information for the subject property and the nearby listings.

The property appears to be in reasonable condition based on the provided image. There is no visible evidence of significant disrepair or the need for extensive renovation. The exterior is well-maintained, and the brickwork looks sound. However, a full inspection would be necessary to confirm the condition accurately.

Information on the plot size is missing, therefore a land score cannot be provided.

Considering the price of comparable properties in the area, and the apparent condition of the property, the list price of £125,000 may represent reasonable value, particularly given the higher average house prices in the broader area. However, without knowing the precise square footage, a definitive conclusion on value for money cannot be made. The lack of information regarding the property’s size makes a complete analysis challenging. Further information would be needed to provide a more comprehensive assessment.

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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