Toast Estates says ..

Property Oracle says ..

Lanchester is a small village in County Durham, England. The property is a three-bedroom terraced house on Deneside, with a small enclosed rear garden. The house appears to be newly built or recently renovated, presented in excellent condition with a modern fitted kitchen and bathroom. The property is listed at £130,000. The average house price in Lanchester is £226,037, significantly higher than the list price of this property. However, the average house size is 945 sqft, considerably larger than the 682 sqft of this property. The average price per sqft in Lanchester is £239, suggesting that the list price of £130,000 for this 682 sqft property might represent good value, especially considering its seemingly modern and well-maintained condition. However, a lack of information on the plot size of nearby properties makes a definitive price comparison difficult. Nearby properties on Deneside have sold for between £52,000 and £100,000, indicating a range of prices in the area. The presence of nearby schools, such as Lanchester Endowed Parochial Primary School (rated ‘Good’ by Ofsted), could contribute positively to the desirability of the location. The property benefits from a small, enclosed rear garden, although the exact size is not specified. The images suggest a modern, well-maintained property in good condition, with a modern kitchen and bathroom. The lack of information on the plot size of comparable properties makes it difficult to assess the land score accurately.

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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