Victoria Terrace, Lanchester, DH7
NE

Victoria Terrace, Lanchester, DH7

By Nested

£ 229,950

Reviews

3 out of 5 stars

Nested says ..

This charming mid-terrace property offers flexible family living, deceptively spacious and thoughtfully laid out over three floors. Located on the...

Property Oracle says ..

This three-bedroom mid-terrace property in Lanchester, County Durham, presents a mixed bag for potential buyers. The property boasts a recently updated kitchen and bathroom, creating modern and functional spaces. The living areas are presented as comfortably furnished, but interior decor choices may vary in appeal. The included small garden is a valuable addition, offering outdoor space. The location offers proximity to primary schools, albeit some are rated ‘Requires Improvement’ by Ofsted, and the village’s tranquil nature will suit buyers seeking a peaceful environment. However, the lack of readily available transport links may be a drawback for some potential purchasers. A key factor for evaluation will be the absence of accurate price-per-square-foot information which makes it challenging to definitively assess the property’s value for money, especially in light of the nearby lower-priced comparable properties. While the current list price does seem reasonable based on its presentation, more comprehensive market research is essential before making a purchasing decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
957.56

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
97,500.00 £
Decreased by 37.92 %
from 157,044.00 £
Est sale value
166,615.44 £
Increased by 8.07 %
from 154,167.16 £
Average area rental value
607.00 £/mo
Decreased by 18.41 %
from 744.00 £/mo
Est letting value
957.56 £/mo
from 0.00 £/mo
Est rental Yield
7.47 %
Increased by 31.28 %
from 5.69 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Nested created the listing.

Nearby Schools

NameTypeOfstedDistance
Catchgate Primary SchoolCommunity SchoolGood0.49 KM
Croft Community SchoolCommunity Special SchoolRequires improvement0.76 KM
Annfield Plain Infant SchoolAcademy Converter0.88 KM
Annfield Plain Junior SchoolAcademy Converter1.03 KM
St Patrick'S Catholic Primary School, DiptonAcademy Converter1.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Oakwood £ 75,00000.00 KM
Manor Drive £ 000.00 KM
Kingsdale Close. £ 100,00000.00 KM
Swan Street £ 174,99500.00 KM
Wesley Court £ 127,50000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Terrace, Lanchester, DH7 £ 229,950BUY6 / 100.00 KM
Windsor Drive, Catchgate, Stanley, Durham, DH9 8SR £ 300,000BUY6 / 100.07 KM
Braeside, North Road, Stanley £ 200,000BUY7 / 100.08 KM
North Road, Catchgate, Stanley £ 250,000BUY7 / 100.14 KM
Kyo Road, Catchgate, Stanley £ 135,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
34 Victoria Terrace £ 130,0000.04 KM
40 Victoria Terrace £ 53,0000.04 KM
12 Victoria Terrace £ 60,0000.04 KM
38 Victoria Terrace £ 94,0000.04 KM
37 Victoria Terrace £ 120,0000.04 KM