Dowen says ..

Property Oracle says ..

This property in Malvern Villas, Durham is a five-bedroom, five-bathroom terraced house currently listed at £500,000. The provided photographs showcase a recently modernised interior with a contemporary kitchen and updated bathrooms. The interior appears well-maintained and clean. The external images display a standard terraced house, typical of the area. While the property is close to Durham City Centre and several primary schools, the absence of a garden or outdoor space is a notable drawback. The lack of information on the property’s age and the overall square footage of comparable properties makes it difficult to establish a definitive assessment of its value. The listing price of £500,000 requires further investigation by referencing local comparable sold prices to determine if it represents fair market value, considering its size and location. More details on the property’s overall condition, any structural features, and energy efficiency rating would be beneficial in a comprehensive valuation. The nearby listed properties have vastly different prices which is difficult to compare to this property without knowing the square footage. Key missing information is the absence of nearby sold properties and their details which will greatly influence the property analysis.

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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