Dowen says ..

Property Oracle says ..

The property is located in Wingate, County Durham. Based on the provided data, the average house price in the area is £166,094, significantly higher than the listing price of £100,000. However, the average price per square foot is £160, and this property has 1,138.82 sqft, suggesting a potential value closer to £182,211. This discrepancy may be explained by factors not included in the provided data, such as the property’s condition and the size of the plot. The property appears to be a terraced house in reasonable condition. The images show a recently updated kitchen and bathrooms, suggesting that significant renovations have been carried out. While some original features remain, such as fireplaces, the overall impression is one of a well-maintained home. The property includes a small, enclosed rear garden, which is a positive aspect in this market. However, the plot size is listed as 0.00 sqft, which seems inaccurate based on the images showing a small yard. This discrepancy may be due to data entry error. Considering the relatively low list price compared to the average price in the area, and the apparent improvements made to the property, the price could be considered reasonable, particularly for a first-time buyer or investor. However, the lack of detailed information about the property’s condition and plot size prevents a definitive conclusion. Further investigation would be needed to fully assess the property’s value. The proximity to several schools, including two rated as “Outstanding” by Ofsted, is a positive factor that could influence the property’s desirability and price.

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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