Bradley Hall Chartered Surveyors & Estate Agents says ..

Property Oracle says ..

The property is located on South Street, Durham, a desirable area in the Elvet And Gilesgate locality. The proximity to Durham Cathedral, several well-regarded schools (St Margaret’s Church of England Primary School, rated Outstanding by Ofsted, being particularly noteworthy), and Durham train station providing links to London and other major cities, contributes positively to its location score.

Based on the images, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, featuring modern fixtures and fittings throughout. The kitchen, bathrooms, and bedrooms all showcase contemporary design and quality materials. There is no visible evidence of significant wear and tear or the need for repairs.

The property includes a substantial rear garden and patio area, which is a valuable asset. The size of the garden, while not explicitly stated in square footage, appears ample for a property of this type and location.

Considering the list price of £1,150,000, the average house price in the area (£226,037), and the average price per square foot (£239), the property’s price appears high. However, several factors must be considered. The property is significantly larger than the average house in the area (3,136.76 sqft vs 945 sqft), and its high-quality renovation and desirable location justify a premium. The lack of comparable properties with similar square footage in the provided data makes a definitive price comparison difficult. Nearby comparable properties are either significantly smaller or lack the same level of recent renovation. Therefore, while the price is above average, it may not be unreasonable given the property’s size, condition, and location.

The property benefits from a modern, well-maintained interior and a desirable location. The property appears to be a period property that has been modernised. It has a garage and a patio.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images