Kimmitt and Roberts says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in Blackhall Colliery, County Durham, with a list price of £72,000. The property has recently undergone some renovations, as evidenced by the images. The flooring and walls appear new, and the bathroom and kitchen have been updated. The location is close to Blackhall Primary School (0.09km), which is rated ‘Good’ by Ofsted. Other schools are within a reasonable distance, though further away. There is no information provided on local transportation links. Based on the images, the property appears to be in good condition. The interior is clean and modern, suggesting recent renovations. There is no evidence of significant damage or disrepair. The property has a small plot size (0.00 sqft), indicating a lack of garden space. Considering the average price per sqft in the area (£160) and the property’s size (470 sqft), a rough estimate of the property value would be £75,200. However, the list price of £72,000 is below this estimate, and also below the average house price in the area (£166,094). This is likely due to the smaller size of the property compared to the average. The nearby comparable properties on Ninth Street have sold for significantly less, ranging from £23,000 to £71,999. This suggests that the list price of £72,000 may be at the higher end of the market for this street, but still represents reasonable value considering the recent renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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