J W Wood says ..

Property Oracle says ..

The property is a terraced house with two bedrooms and one bathroom, listed at £80,000. The available square footage is 846.52 sqft, and the plot size is 0.00 sqft, indicating a lack of garden space. Nearby comparable properties on Victoria Street range in price from £48,000 to £92,000, suggesting the list price falls within the typical range for the area. However, the absence of plot size data for these comparable properties makes a precise comparison difficult. The area’s average house price is significantly higher at £226,037, with an average price per sqft of £239. This suggests the subject property is priced considerably lower than the average for the area. However, this difference may be explained by the size of the property and the lack of a garden. The average property size in the area is 945 sqft, larger than the subject property. The property’s location in Sacriston, County Durham, appears convenient, with nearby schools such as St Bede’s Catholic Primary School and Sacriston Academy within a short distance. Furthermore, there are train stations at Chester-le-Street and Durham within a reasonable commuting distance. Local amenities such as Tesco Express and Heron Foods are also nearby, enhancing the property’s convenience. Based on the provided images, the property seems to be in good condition. The interior appears recently updated and well-maintained, with modern flooring and fixtures. There is no visible evidence of significant repairs or renovations needed. Considering all factors, the list price of £80,000 appears reasonable, especially given the lower average price per sqft in the immediate vicinity of Victoria Street compared to the broader area average. The lack of a garden is a drawback, but the property’s condition and convenient location mitigate this factor to some extent.

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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