Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £16...
Property Oracle says ..
This property, located on Dunelm Grange in Boldon Colliery, is a terraced house with four bedrooms and at least two bathrooms, although the exact square footage is not provided. The property is described by the estate agent as suitable for over 60’s considering it offers a Home for Life Lifetime Lease. This could suggest the property may be smaller than a typical four-bedroom home. The exterior presents as well-maintained with a brick façade, and images show a functional kitchen and modern-looking bathrooms with shower and bath facilities. The garden is modest, featuring a paved area with a gravel section and wooden fence. Nearby amenities include several primary and nursery schools rated ‘Good’ or ‘Outstanding’ by Ofsted, suggesting a strong family-oriented environment. There are also local shops and parks, although the exact distance is not detailed in the information provided. Transport links are noted as being within a reasonable distance to Heworth train station. However, the complete lack of square footage data prevents a proper assessment of value for money. The price of £167,500 appears to be in line with other properties on Dunelm Grange and the immediate surrounding streets, yet more precise details are needed for a truly informed analysis. The caveat concerning ‘Home for Life Lifetime Lease’ complicates simple price comparisons as it impacts the overall cost-effectiveness. Therefore, potential buyers should fully understand these financial implications before making a decision.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 188,295.00 £Decreased by 1.76 %
- Average area rental value
- 1,010.00 £/moIncreased by 61.86 %
- Est rental Yield
- 6.44 %Increased by 64.71 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hedworth Lane Primary School | Community School | Good | 0.65 KM |
| Boldon Nursery School | Local Authority Nursery School | Outstanding | 1.03 KM |
| Boldon Nursery Children'S Centre | Children's Centre | 1.05 KM | |
| Hedworthfield Primary School | Community School | Good | 1.33 KM |
| Bede Childrens Centre | Children's Centre | 1.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Henley Way | £ 140,000 | 0 | 0.00 KM |
| Steeple View | £ 0 | 0 | 0.00 KM |
| Rear Station Road | £ 0 | 0 | 0.00 KM |
| Fieldway | £ 98,500 | 0 | 0.00 KM |
| Chestnut Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Heworth | 7766 | HEW | 9.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dunelm Grange, Boldon Colliery | £ 167,500 | BUY | 5 / 10 | 0.00 KM |
| Dunelm Grange, Boldon Colliery | £ 265,000 | BUY | Unknown | 0.00 KM |
| Leander Drive, Boldon Colliery | £ 379,950 | BUY | 7 / 10 | 0.09 KM |
| Leander Drive, Boldon Colliery | £ 279,950 | BUY | Unknown | 0.18 KM |
| Leander Drive, Boldon Colliery, Tyne and Wear, NE35 9LS | £ 265,000 | BUY | 7 / 10 | 0.23 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 2 Dunelm Grange | £ 165,000 | 0.00 KM |
| 15 Dunelm Grange | £ 124,000 | 0.00 KM |
| 26 Dunelm Grange | £ 120,000 | 0.00 KM |
| 18 Dunelm Grange | £ 125,000 | 0.00 KM |
| 20 Dunelm Grange | £ 119,995 | 0.00 KM |