David Bailes says ..

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom detached house located on Derwent Rise, South Moor, Stanley, County Durham. The property is presented in excellent condition throughout and benefits from a good-sized rear garden. The location is reasonably good, with several primary schools within a short distance. Greenland Community Primary School, rated ‘Good’ by Ofsted, is only 0.40km away. Other nearby schools include South Stanley Junior School, Oxhill Nursery School, and South Stanley Infant and Nursery School. While transportation links aren’t explicitly mentioned, the proximity to schools suggests a residential area likely served by local bus routes. Based on the provided photographs, the property appears to be in excellent condition. It has been recently updated with a modern kitchen and bathrooms. The interior is well-maintained and tastefully decorated. The property includes a garden, which appears to be well-landscaped with artificial turf and patio areas. The presence of a hot tub further enhances the outdoor space. Considering the list price of £240,000, the average price in the area is £102,805, and the average price per sqft is £103. This property is significantly larger than average at 1349.79 sqft. While comparable properties in the area are not fully detailed, the list price seems slightly on the higher end, but justifiable given the property’s condition, size, and the inclusion of a well-maintained garden and hot tub. Further analysis of comparable properties with similar features would be needed for a more definitive conclusion.

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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