Bowes Mitchell says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in Throckley, Newcastle upon Tyne. The asking price is £100,000. The property benefits from being close to Throckley Primary School (0.83km), which has an outstanding Ofsted rating. Other schools are within a reasonable distance, although their Ofsted ratings are not provided. The proximity to a highly-rated primary school is a positive factor for families. Transportation links appear to be a reasonable distance away (5.88km and 6.21km to the nearest train stations). Based on the images provided, the property is in need of some modernisation. The carpets and decor are dated, and while the kitchen appears to have been updated, the overall impression is one that requires some work to bring it up to a modern standard. The garden is small but present. Considering the average house price in the area is £461,500 and the average price per square foot is £423, the listed price of £100,000 for this 700 sqft property appears significantly below average. However, this needs to be considered in the context of the property’s condition. Nearby comparable terraced houses are listed at prices ranging from £77,500 to £172,000, suggesting that the £100,000 asking price is within the range of similar properties in the area, although at the higher end. The lack of plot size information for comparable properties makes a precise comparison difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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