David Bailes says ..

Property Oracle says ..

The property is a 4-bedroom terraced house located on Station Road in Stanley, County Durham. The list price is £165,000. The property appears to have recently undergone some modernisation, with a newly fitted kitchen and bathroom. The interior is presented in a clean and neutral style, suggesting it is in good condition. However, the small rear yard is paved and appears somewhat neglected. Several nearby terraced houses on Station Road have recently sold for prices ranging from £50,000 to £160,000. The average price for properties in the area is significantly higher, at £316,173, with an average price per square foot of £284. This suggests that the subject property may be underpriced, especially considering its size (1,534.93 sqft). However, the lack of plot size may account for some of this discrepancy. The proximity to several schools, including St Joseph’s Catholic Primary School and South Stanley Infant and Nursery School, is a positive factor for families. Based on the provided information, the property appears to be reasonably priced given its location and condition, although more information on the property’s condition and the local market would be needed to provide a definitive assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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