Brannen & Partners says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom detached house located in Well Ridge Close, Whitley Bay, Tyne and Wear. It has a sizeable square footage of 2,018.66 sqft. The list price is £625,000. The location appears desirable, with several outstandingly rated schools within a reasonable distance. This is a significant positive for families. The proximity to St Mary’s adds to its appeal. However, information on nearby transportation links is missing, which would further enhance the location assessment. Based on the images, the property seems to be in excellent condition. It has undergone recent renovations or modernisation, featuring a contemporary kitchen and updated bathrooms. There is no visible evidence of disrepair or the need for significant renovation work. The property also benefits from a well-maintained garden, adding to its overall appeal. Considering the average house price in the area is £520,205 and the average price per square foot is £519, this property, at £625,000, is priced above average. However, its larger size (2,018.66 sqft compared to the average of 1,002 sqft), excellent condition, and the inclusion of a garden justify a higher price point. The lack of plot size data makes a definitive price per sqft comparison impossible. Further analysis of comparable properties in the immediate vicinity would be needed to determine if the asking price is truly justified. The provided nearby listings do not offer sufficient comparable data due to missing sqft information. In summary, this property presents a compelling offering. The excellent condition, desirable location (with proximity to highly-rated schools being a key factor), and the presence of a garden contribute to its overall value. While the price is above average, the size and quality of the property may support the asking price. More detailed comparative market data would strengthen this analysis.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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