Robinsons says ..

Property Oracle says ..

The property is located in Westfield, Frosterley, Weardale, County Durham. It’s a semi-detached house with three bedrooms and one bathroom, spanning 1,044.10 square feet. The list price is £140,000.

The property benefits from a small garden. While the plot size is listed as 0.00 sqft, the photos clearly show a small front and back garden. This is a positive aspect, offering some outdoor space.

Based on the images provided, the property appears to be in need of modernisation. The interior features dated carpets and wallpaper, suggesting a need for refurbishment. The kitchen appears to have been recently updated, but the rest of the house requires significant work. This is reflected in the relatively low average price per sqft compared to the area average.

The average house price in the area is £276,541, significantly higher than the list price of this property. However, the average price per sqft in the area is £246, while this property is listed at a much lower price per sqft, considering its size. This could be due to the condition of the property requiring significant renovation. Nearby comparable properties support this assessment, with prices ranging from £60,450 to £170,000 for semi-detached houses. The location, while in a rural setting, is close to Frosterley Primary School, which is rated ‘Good’ by Ofsted. This is a positive factor for families.

Considering the need for modernisation, the relatively small garden, and the location near a good primary school, the list price of £140,000 appears to reflect the property’s condition and the current market conditions in the area. However, potential buyers should factor in the cost of necessary renovations.

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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