Meadow Rise, Meadowfield, Durham
By Venture Properties
£ 82,000
Reviews
3 out of 5 stars
Venture Properties says ..
Venture Properties are delighted to offer for sale this competitively priced first floor apartment, available with no chain, situated in this popular modern development in Meadowfield. A fantastic opportunity for buy to let investor or first time buyer. This property offers well presen...
Property Oracle says ..
This property is a two bedroom apartment located in Meadowfield, Durham. The apartment is modern and well-presented, appearing to be in excellent condition based on the provided images. It benefits from a communal garden area, although the plot size is listed as 0.00 sqft. The location is reasonably convenient, with several primary schools within a kilometer radius and Durham train station approximately 5km away. However, the surrounding area appears to include some industrial units, which may impact the overall desirability of the location. The list price of £82,000 is significantly below the average price for the area (£157,274), and also below the average price per sqft (£166). Considering the condition and location, the price may represent good value for money, although further investigation into the specific location and any potential drawbacks associated with the proximity to industrial units would be advisable.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 845.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 173,106.00 £Decreased by 16.56 %
- Est sale value
- 136,045.00 £Increased by 1.90 %
- Average area rental value
- 725.00 £/moIncreased by 5.84 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.03 %Increased by 27.02 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Venture Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Browney Primary Academy | Academy Sponsor Led | Good | 0.55 KM |
| St Patrick'S Roman Catholic Voluntary Aided Primary School | Voluntary Aided School | Good | 0.60 KM |
| Langley Moor Nursery School | Local Authority Nursery School | Outstanding | 1.14 KM |
| Brandon Primary School | Academy Converter | 1.19 KM | |
| Langley Moor Primary School | Community School | Good | 1.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Co-operative Villas | £ 0 | 0 | 0.00 KM |
| Victoria Avenue | £ 0 | 0 | 0.00 KM |
| Station Road | £ 0 | 0 | 0.00 KM |
| Angus Street | £ 0 | 0 | 0.00 KM |
| Silver Courts | £ 60,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Durham | 7745 | DHM | 5.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Meadow Rise, Meadowfield, Durham | £ 82,000 | BUY | 6 / 10 | 0.00 KM |
| John Street South, DURHAM, County Durham, DH7 | £ 130,000 | BUY | 5 / 10 | 0.04 KM |
| John Street South, Durham, County Durham, DH7 | £ 280,000 | BUY | 7 / 10 | 0.04 KM |
| Land Rear Of John Street South, Meadowfield, DH7 | £ 750,000 | BUY | 7 / 10 | 0.06 KM |
| Back John Street North, Meadowfield, Durham, DH7 | £ 280,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Meadow Rise | £ 99,995 | 0.03 KM |
| 40 Meadow Rise | £ 71,000 | 0.03 KM |
| 32 Meadow Rise | £ 70,000 | 0.03 KM |
| 24 Meadow Rise | £ 70,000 | 0.03 KM |
| 31 Meadow Rise | £ 72,000 | 0.03 KM |