Taylor Wimpey says ..

Property Oracle says ..

The property is a detached house listed at £399,995 with 4 bedrooms and a size of 390.58 sqft. The plot size is not specified. The average house price in the area is £206,115, significantly lower than the list price of this property. The average price per sqft is £226, which, when applied to this property’s size, suggests a value around £88,000. This is considerably less than the asking price. However, it’s important to note that the average sqft provided is based on a larger average house size (908 sqft) than this property (390.58 sqft). This suggests that the average price per sqft may not be directly comparable. Nearby properties on Stone Cellar Road range from £253,995 to £332,995, indicating a higher price range for properties on this specific street than the overall area average. However, none of the nearby listings provide sqft data, making direct comparisons challenging. The property appears to be modern and in excellent condition, based on the provided images. It features modern fixtures and finishes throughout, suggesting no immediate need for renovation. The images also show a well-maintained exterior and a good-sized garden, although exact dimensions are not available. The location is close to several schools with good Ofsted ratings, including Usworth Colliery Primary School and George Washington Primary School, both rated ‘Good’. Transportation links to Heworth and Chester-le-Street train stations are also relatively close. This suggests a convenient location with access to amenities and transport. Given the modern condition, desirable features, and proximity to amenities, the list price of £399,995 is relatively high compared to the overall area average. However, the higher prices of nearby properties on Stone Cellar Road suggest that this street commands a premium. The lack of plot size information and detailed comparison data from nearby properties makes a definitive conclusion about the price’s reasonableness challenging.

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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