Rickard Chartered Surveyors & Estate Agents says ..

Property Oracle says ..

The property is a 2 bedroom detached bungalow located in Morpeth, Northumberland. It is situated on Green Lane, within the Stobhill locality. The property benefits from being close to local schools such as Morpeth Stobhillgate First School (0.15km), Morpeth Children’s Centre (0.15km), and Collingwood School & Media Arts College (0.22km), making it an attractive option for families. The proximity to Morpeth train station (0.99km) provides convenient access to public transportation.

Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is evidence of a modern fireplace and flooring. The exterior also presents well with a neat lawn and garden area.

The property includes a garden, though the exact size is not specified. The presence of a garden adds to the overall appeal and value of the property.

The list price of £220,000 is significantly lower than the average house price in the area (£549,545). While the average price per square foot is £426, this property’s size (816.90 sqft) and lower price point suggest it may represent good value for money, especially considering its apparent good condition and convenient location. However, the lack of plot size information prevents a complete assessment of the land value. Nearby comparable properties on Green Lane are listed between £155,000 and £220,000, supporting the listed price as reasonable within the context of the immediate area.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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