David Bailes says ..

Property Oracle says ..

The property is a 2 bedroom terraced house located in New Kyo, Stanley, County Durham. The list price is £75,000. The property appears to be in good condition, having undergone some modernisation. The kitchen and bathroom have been recently updated with modern fixtures and fittings. The property benefits from a fireplace. There is no evidence of any significant repairs needed. The property has a small plot size of 0.00 sqft, meaning there is no garden. Considering the average price of properties in the area is £136,574 and the average price per sqft is £89, the list price of £75,000 for this 703.96 sqft property seems reasonable, especially when compared to similar properties on Edward Terrace which range from £34,000 to £72,000. The property is smaller than the average property in the area, and the lack of a garden may also contribute to the lower price. However, the recent modernisation works likely increase its value compared to other properties in the area. The location is close to several primary schools, with the nearest being Annfield Plain Junior School, approximately 1.42km away. Further information on the Ofsted ratings of these schools would be beneficial in assessing the desirability of the location. Further information on local amenities and transport links would also improve the overall assessment of the location.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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