Durham Road, Lanchester, Durham, DH7
RE

Durham Road, Lanchester, Durham, DH7

By Reeds Rains

£ 465,000

Reviews

3 out of 5 stars

Reeds Rains says ..

We are delighted to present this beautifully presented and deceptively spacious four-bedroom semi-detached home, set over three floors and located in the ever-popular and picturesque village of Lanchester, County Durham.

Property Oracle says ..

Lanchester is a small village in County Durham, England. The property is a semi-detached house located on Durham Road. The property benefits from being close to Lanchester Endowed Parochial Primary School (0.88km) which has a good Ofsted rating. St Bede’s Catholic Comprehensive School is also within reasonable distance (1.35km).

The house itself appears to be in excellent condition. The images show a recently renovated interior with a modern kitchen and bathrooms. There is also evidence of recent landscaping work in the garden. The property boasts a substantial garden, which is a significant feature.

The list price of £465,000 is considerably higher than the average house price in the area (£226,037). However, this property is significantly larger than average (1,783.58 sqft vs 945 sqft average) and has undergone extensive renovations. While the average price per square foot in the area is £239, the price of this property is justified by its size, condition, and the improvements made. The inclusion of a substantial garden also adds to its value. Nearby comparable properties support this higher price point, although data on their square footage is unavailable to support a direct comparison.

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

Price
7
Condition
9
Location
7
Land
8
Bedrooms
5
Bathrooms
2
Sqft (est)
1,783.58

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
211,000.00 £
Increased by 2.49 %
from 205,865.00 £
Est sale value
492,268.08 £
Increased by 14.52 %
from 429,842.78 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
1,783.58 £/mo
Unchanged by 0.00 %
from 1,783.58 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
104.00 %
Unchanged by 0.00 %
from 104.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Lanchester Endowed Parochial Primary SchoolVoluntary Controlled SchoolGood0.88 KM
St Bede'S Catholic Comprehensive School And Sixth Form College, LanchesterAcademy Converter1.35 KM
Burnhope Primary SchoolCommunity SchoolGood3.55 KM
Annfield Plain Infant SchoolAcademy Converter4.08 KM
Annfield Plain Junior SchoolAcademy Converter4.23 KM

Images

Main Photo Bedroom 3 Bedroom 4 Bedroom 2 Bedroom 1 Kitchen Living Room Garden Front External Bedroom 3 En Suite En Suite Office Office Bedroom 2 Family Bathroom Landing Bedroom 1 Hallway Living Room Living Room Kitchen Kitchen Kitchen Conservatory Conservatory Laundry Room Laundry Room Garden Garden Garden Garden Garden Garden Garden Picture No. 60 Picture No. 61

Nearby Streets

NameAverage PriceAverage SqftDistance
The Square £ 000.00 KM
Ford Street £ 182,50000.00 KM
Station Road £ 454,45000.00 KM
Woodlea £ 346,65000.00 KM
Bishops Meadow £ 425,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Durham Road, Lanchester, Durham, DH7 £ 465,000BUY7 / 100.00 KM
Durham Road, Lanchester, DH7 £ 465,000BUY7 / 100.02 KM
Durham Road, Lanchester, DH7 £ 325,000BUY7 / 100.02 KM
Durham Road, Lanchester £ 295,000BUY7 / 100.10 KM
Deneside, Lanchester, County Durham, DH7 £ 170,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
8 Durham Road £ 145,0000.01 KM
Dunelm £ 350,0000.01 KM
Hinderwell £ 430,0000.05 KM
Landrigg £ 135,0000.05 KM
Vale View £ 290,3410.05 KM