Poets Drive, Pelton Fell, Chester Le Street, Durham, DH2
By Reeds Rains
£ 64,000
Reviews
3 out of 5 stars
Reeds Rains says ..
Part of a shared ownership scheme - 40% ownership Presenting an immaculate terraced house for sale, beautifully updated throughout by its current owner. This property is part of a shared ownership scheme with Karbon Homes, with a 40% share available subject to an application process.
Property Oracle says ..
This three-bedroom terraced house in Pelton Fell, Chester-le-Street is listed at £64,000. The property appears to be in good condition, well-maintained and recently decorated. Images show a modern kitchen and bathroom. There is a small, enclosed rear garden with a decked area, ideal for entertaining. The location is convenient with nearby schools (Pelton Community Primary and Roseberry Primary, both rated as good by Ofsted) and transport links (Chester-le-Street train station is approximately 3km away). However, the list price is significantly below the average house price in the area (£226,037), and even below the average prices of nearby comparable properties. This discrepancy requires further investigation to understand the rationale behind the low price. It is possible the property is being sold below market value due to unforeseen circumstances or other factors not disclosed in the listing.
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
- 3
- Condition
- 9
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
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
- 211,000.00 £Increased by 2.49 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 25.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains marked this listing as sold.
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hermitage Academy | Academy Converter | 1.58 KM | |
| Pelton Community Primary School | Community School | Good | 1.86 KM |
| Roseberry Primary And Nursery School | Community School | Good | 2.33 KM |
| Chester-Le-Street Cofe (Controlled) Primary School | Voluntary Controlled School | Good | 2.36 KM |
| Bullion Lane Children'S Centre | Children's Centre | 2.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fell Road | £ 0 | 0 | 0.00 KM |
| Plantation Close | £ 0 | 0 | 0.00 KM |
| Station Lane | £ 304,000 | 0 | 0.00 KM |
| Ashgrove | £ 155,000 | 0 | 0.00 KM |
| Lime Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester-Le-Street | 7736 | CLS | 3.06 KM |
| Durham | 7745 | DHM | 9.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Poets Drive, Pelton Fell, Chester Le Street, Durham, DH2 | £ 64,000 | BUY | 6 / 10 | 0.00 KM |
| Poets Drive, Pelton Fell, Chester Le Street | £ 130,000 | BUY | 5 / 10 | 0.03 KM |
| Poets Drive, Pelton Fell, Chester Le Street, Durham, DH2 2BT | £ 130,000 | BUY | 5 / 10 | 0.05 KM |
| Dovecote Drive, Pelton Fell, Chester Le Street, DH2 2AH | £ 180,000 | BUY | 7 / 10 | 0.11 KM |
| Fellway, Pelton Fell, Chester Le Street, DH2 | £ 130,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Poets Drive | £ 133,158 | 0.03 KM |
| 6 Poets Drive | £ 160,000 | 0.04 KM |
| 12 Poets Drive | £ 33,750 | 0.04 KM |
| 49 Dovecote Drive | £ 2,599 | 0.11 KM |
| 57 Dovecote Drive | £ 137,000 | 0.11 KM |