Kan-Move says ..

Property Oracle says ..

The property is a semi-detached bungalow located on High Road in Newton Aycliffe, County Durham. The asking price is £199,950.

The property requires modernisation. The images show dated décor and carpets throughout. Walls require repainting and the kitchen and bathroom are in need of updating. The garden is overgrown and requires attention. While the property benefits from a garden, it is currently unkempt.

The average house price in the area is significantly higher at £323,385, and the average price per square foot is £310. However, the provided data does not include the square footage of the subject property, preventing a direct comparison of price per square foot. Nearby properties on High Road range from £185,000 to £373,000, suggesting the list price of £199,950 may be reasonable, especially considering the property’s condition and need for renovation. However, without the square footage of the property, a definitive conclusion on value cannot be made.

The location is near several primary schools with good or outstanding Ofsted ratings, and there are also secondary schools within a reasonable distance. Several train stations are also within a few kilometers of the property, providing convenient access to public transportation.

Given the information available, the property presents a potential investment opportunity for buyers willing to undertake renovations. The lower list price compared to the area average may offset the costs of necessary improvements.

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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