David Bailes says ..

Property Oracle says ..

Carr House Mews is a five-bedroom detached property located in Consett, County Durham. The property benefits from a recently refurbished interior, including a new kitchen, en-suite bathroom, carpets, flooring and central heating boiler. The photos show a modern, well-maintained home with a good-sized garden. The property is presented in excellent condition. The plot size is 1,767.43 sqft.

The average price for properties in the area is £142,360, significantly lower than the list price of £270,000 for this property. However, the average size is 943 sqft, substantially smaller than the 2,098.96 sqft of Carr House Mews. The average price per sqft in the area is £150. While the list price is higher than the average, the significantly larger size and recent refurbishment justify the higher price per sqft. The property’s location near several schools rated ‘Good’ or ‘Outstanding’ by Ofsted is also a positive factor, potentially increasing its value. The presence of a garden adds to the property’s appeal.

Based on the provided information, the property appears to be in excellent condition, has a good-sized garden, and is located in an area with good schools. While the list price is above the area average, the size and recent refurbishment make it a reasonable price for a property of this type and condition.

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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