Rook Matthews Sayer says ..

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Ryton, Gateshead, Tyne and Wear. It has a list price of £120,000 and is 820 sqft. The property benefits from a small garden.

Considering the provided images, the property appears to be in generally good condition, although some minor cosmetic updates may be desirable to enhance its overall presentation. The bathroom appears to have been recently updated. The kitchen shows its age and may benefit from modernisation.

The location in Ryton offers proximity to Crookhill Community Primary School (0.71km), which is rated ‘Good’ by Ofsted. Several other schools are within a reasonable distance, providing families with options. Transportation links are available via nearby train stations, although the specific distances may require further investigation to determine their suitability.

Based on the average house price per sqft in the area (£302) and the property’s size (820 sqft), a rough estimate of value would be around £247,440. However, this is significantly higher than the list price of £120,000. The lower list price may reflect the need for some modernisation within the property, particularly in the kitchen. Compared to similar properties in the area, the list price appears to be significantly below average. Nearby properties on Hardman Gardens have sold for between £79,950 and £130,000. The list price of £120,000 falls within this range.

Considering the condition, location, and land, the price of £120,000 could represent good value for money, especially for buyers seeking a property that requires some modernisation and updating. However, potential buyers should factor in the costs of any necessary renovations.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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