David Bailes says ..

Property Oracle says ..

The property is a two-bedroom terraced house located on Fern Avenue, South Moor, Stanley, County Durham. The list price is £50,000.

The property appears to be in generally good condition, although some minor cosmetic updates may be desirable. The images show a clean and tidy interior with modern fixtures and fittings in the bathroom and kitchen. There is evidence of some wear and tear, particularly in the flooring and some minor wall imperfections, but nothing that significantly detracts from the overall condition. The property benefits from a small garden to the rear.

The location is in a residential area of Stanley, County Durham. Several primary schools are within a reasonable distance, all with good Ofsted ratings. The proximity to these schools is a positive attribute for families. However, information on public transportation links is not available.

Considering the average house price in the area is £102,805 and the average price per square foot is £103, the list price of £50,000 for this 644.76 sq ft property appears significantly below average. However, this may reflect the smaller size of the property and the fact that it is a terraced house compared to the average property type in the area. Nearby comparable properties on Fern Avenue sold for between £26,000 and £65,000, supporting the relatively low list price. Further analysis of the local market and comparable properties would be beneficial to fully assess the value.

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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