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 %
- Est sale value
- 492,268.08 £Increased by 14.52 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est letting value
- 1,783.58 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 104.00 %Unchanged by 0.00 %
Agent Activity
Reeds Rains created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Lanchester Endowed Parochial Primary School | Voluntary Controlled School | Good | 0.88 KM |
| St Bede'S Catholic Comprehensive School And Sixth Form College, Lanchester | Academy Converter | 1.35 KM | |
| Burnhope Primary School | Community School | Good | 3.55 KM |
| Annfield Plain Infant School | Academy Converter | 4.08 KM | |
| Annfield Plain Junior School | Academy Converter | 4.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Square | £ 0 | 0 | 0.00 KM |
| Ford Street | £ 182,500 | 0 | 0.00 KM |
| Station Road | £ 454,450 | 0 | 0.00 KM |
| Woodlea | £ 346,650 | 0 | 0.00 KM |
| Bishops Meadow | £ 425,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Durham Road, Lanchester, Durham, DH7 | £ 465,000 | BUY | 7 / 10 | 0.00 KM |
| Durham Road, Lanchester, DH7 | £ 465,000 | BUY | 7 / 10 | 0.02 KM |
| Durham Road, Lanchester, DH7 | £ 325,000 | BUY | 7 / 10 | 0.02 KM |
| Durham Road, Lanchester | £ 295,000 | BUY | 7 / 10 | 0.10 KM |
| Deneside, Lanchester, County Durham, DH7 | £ 170,000 | BUY | 7 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Durham Road | £ 145,000 | 0.01 KM |
| Dunelm | £ 350,000 | 0.01 KM |
| Hinderwell | £ 430,000 | 0.05 KM |
| Landrigg | £ 135,000 | 0.05 KM |
| Vale View | £ 290,341 | 0.05 KM |