David Bailes says ..

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom house located in Stanley, County Durham, with a plot size of 987.05 sqft and a total area of 8,503.49 sqft. Based on the provided images, the property appears to be in good condition, with a modern kitchen and bathrooms. The property benefits from a garden, which is a desirable feature for many buyers.

The location in Stanley, County Durham, is close to several primary and secondary schools, with varying Ofsted ratings. Proximity to schools is a positive aspect for families. However, information on nearby transportation links is not provided, limiting the assessment of this aspect of the location.

Considering the property’s condition, the presence of a garden, and its location near schools, the list price of £119,950 appears reasonable in comparison to the average price per sqft in the area (£1,543.00). However, the average house price in the area (£1,690,175) is significantly higher than the list price of this property, suggesting it might be undervalued, particularly given its size. Nearby comparable properties show a wide range of prices, making a definitive comparison challenging due to the lack of sqft data for most of the comparable properties. Further analysis of similar properties in the immediate vicinity would be beneficial for a more precise valuation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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