I'm not from the area but a quick look of google maps shows you are near good transport links, outstanding and good schools, amenities, hospitals, parks and a beach more of less on your doorstep.
The house is immaculate for it's type. The only downside is you're very overlooked, but at that price you are getting a lot of good points for your money.
Newcastle isn't far away for job opportunities and city shops, restaurants and bars.
Living there would give you and your family the opportunity to enjoy a varied life with something for everyone.
Hopefully some people will reply and tell you what living there is like from personal experience soon.