Croft Court, Lanchester, Co. Durham
DA

Croft Court, Lanchester, Co. Durham

By David Bailes

£ 89,950

Reviews

3 out of 5 stars

David Bailes says ..

*** Purchasers must be aged 55 or over to buy this leasehold flat *** Situated in the sought-after village of Lanchester, this charming first-floor flat boasts communal gardens and parking facilities. The property features an entrance hall with stairs leading to the first floor, a landing area wi...

Property Oracle says ..

This property is a 2-bedroom apartment located in Lanchester, County Durham. The apartment is in good condition and appears to be well-maintained, with modern fixtures and fittings in the kitchen and bathroom. The property benefits from a communal garden area, which is a positive feature. While the square footage is relatively small at 605 sq ft, the list price of £89,950 is significantly lower than the average price for the area (£226,037), and even lower than the average price per sqft (£239). Considering the condition, location (close to a primary school and other amenities), and the lower price point compared to other nearby properties, this property presents good value for money. However, potential buyers should be aware that the area average price per sqft is significantly higher than the property’s size would suggest, indicating a potential discrepancy.

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

Price
9
Condition
8
Location
7
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
605.00
Lot (est)
605.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
211,000.00 £
Increased by 2.49 %
from 205,865.00 £
Est sale value
166,980.00 £
Increased by 14.52 %
from 145,805.00 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
605.00 £/mo
Unchanged by 0.00 %
from 605.00 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • David Bailes created the listing.

Nearby Schools

NameTypeOfstedDistance
Lanchester Endowed Parochial Primary SchoolVoluntary Controlled SchoolGood0.17 KM
St Bede'S Catholic Comprehensive School And Sixth Form College, LanchesterAcademy Converter0.44 KM
Annfield Plain Infant SchoolAcademy Converter3.66 KM
Annfield Plain Junior SchoolAcademy Converter3.88 KM
Catchgate Primary SchoolCommunity SchoolGood4.13 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bishops Meadow £ 425,00000.00 KM
Woodlea £ 346,65000.00 KM
The Square £ 000.00 KM
Station Road £ 454,45000.00 KM
Ashleigh Grove £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Terrace, Lanchester £ 260,000BUYUnknown0.11 KM
Fenhall Park, Lanchester, DH7 £ 395,000BUY6 / 100.21 KM
Woodham Court, Lanchester, Durham, Durham, DH7 0EH £ 250,000BUYUnknown0.27 KM
Woodham Court, Lanchester £ 145,000BUY6 / 100.27 KM
Woodham Court, Lanchester, DH7 £ 250,000BUY7 / 100.28 KM

Nearby Properties

AddressPriceDistance
7 Croft Court £ 109,0000.04 KM
11 Croft Court £ 54,9500.04 KM
2 Croft Court £ 78,0000.04 KM
10 Croft Court £ 100,0000.04 KM
23 Croft Court £ 79,9500.04 KM