Robinsons says ..

Property Oracle says ..

The property is a 4-bedroom, 2-bathroom terraced house located in St Lukes Mews, Gilesgate, Durham, with a list price of £335,000. It has a total area of 1,325.04 sqft and a plot size of 1,689.93 sqft. The property appears to be in good condition, with modern fixtures and fittings throughout. The kitchen and bathrooms are contemporary in style, and the property benefits from a well-maintained rear garden. The location in Gilesgate, Durham is convenient, with nearby schools and transportation links. Durham city centre is also within easy reach. Considering the average price of similar properties in the area (£226,037) and the average price per sqft (£239), the list price of £335,000 for this property appears to be slightly above average. However, the larger plot size (1,689.93 sqft) and the good condition of the property could justify this higher price point. The presence of a garage and a well-maintained garden adds to the overall value. Nearby comparable properties show a range of prices, with some significantly higher than the list price, suggesting that the asking price is not unreasonable in the context of the local market. The proximity to good schools is a further positive factor influencing the property’s value. The property is modern and well-maintained, with no apparent need for significant renovations. It benefits from a good location close to amenities and transport links, and includes a garden, increasing its desirability. The price, while above average, is not excessively high given the property’s features and location within the Durham housing market.

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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