The list price of £875,000 seems reasonable given the location, the property size (2756 sqft), and the apparent quality of the renovations. However, a lack of precise information regarding the plot size and the exact extent of any recent or ongoing refurbishment work makes definitive valuation challenging. Comparing it to other properties within a similar range in Victoria Terrace and the lack of square foot information for comparable properties, suggests that the property is priced competitively, but not necessarily representing exceptional value.

The property appears to be well-maintained and features several updated or renovated aspects, such as the kitchen and bathrooms. However, the presence of scaffolding in the exterior photos suggests ongoing or recent exterior works, which could detract slightly from a perfect condition score. The internal photos suggest high-quality renovation in parts of the house but without further inspection it is difficult to assess the complete condition.

The property is situated in Victoria Terrace, Durham, a highly desirable area known for its prestigious addresses and proximity to Durham’s historic city center. Its elevated position provides stunning views of the castle and cathedral, and its close proximity to Wharton Park adds to its appeal. Excellent nearby schools like St Margaret’s Church of England Primary School (Outstanding Ofsted) and Durham Johnston Comprehensive School (Outstanding Ofsted) further enhance the location’s desirability. Durham Train Station is also within walking distance.

While the property includes a garden, the size and character is relatively modest. Although it offers a pleasant outdoor space, it is not extensive enough to significantly impact the value compared to a much larger plot of land.