igomove says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in Peterlee, County Durham. It is listed at £86,500 and has a floor area of 857.88 sqft. The property benefits from being close to several schools, including Acre Rigg Academy and Acre Rigg Infant School, both rated ‘Good’ by Ofsted. Seaham train station is also within a reasonable distance. Based on the provided photographs, the property appears to be in relatively good condition, though some minor cosmetic updates might enhance its appeal. The kitchen and bathroom appear modern and well-maintained. While the property includes a small rear garden, its size is minimal. Considering the average house price in the area is significantly higher (£226,037) and the average price per sqft is £239, the list price of £86,500 for this property seems relatively low. However, this may be due to the smaller plot size and the fact that it is a terraced house, as opposed to a semi-detached or detached property. The lower price may also reflect the overall condition of the property. Nearby comparable properties on Kent Walk sold for between £64,000 and £102,000, suggesting the listed price falls within a reasonable range for the area, considering its size and type.

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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