1 Fairbeck Cottages, Ferryhill
1 Fairbeck Cottages, Ferryhill
Description & Estimates
The public record lists 1 Fairbeck Cottages, Ferryhill as a freehold house.
Comparison with its neighbours suggests a mid-century house with 2,414 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
1 Fairbeck Cottages, Ferryhill has an estimated sale value of £702,773 and an estimated rental value of £3,073 per month, assuming reasonable condition and based on the information available.
Windlestone, Ferryhill, DL17 lies within the DL17 postal district.
Our Data Sources
1 Fairbeck Cottages, Ferryhill has 21 entries in the Land Registry , most recently in May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1 Fairbeck Cottages, Ferryhill would be worth £737,912, with a potential rental value of £3,227 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £653,579, with a rental value of £2,858 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 Fairbeck Cottages, Ferryhill has fallen by £13,899 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (1.2%). The property's estimated gross yield is currently 5.2%.
Sold Prices
1 Fairbeck Cottages, Ferryhill last changed hands on 26th May 2017, selling for £370,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 37.5% since May 2017.
- Sold May 2017£370,000
- Sold Dec 2003£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 2.2 kilometres of 1 Fairbeck Cottages, Ferryhill across the last 2 years.
Most recently, Tanglewood, Windlestone Park, Ferryhill, DL17 0LZ, a freehold house, sold at £685,000 on the 27th September 2022.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 Fairbeck Cottages, Ferryhill as the 4th largest and the 3rd most expensive of the 9 addresses on Windlestone, Ferryhill, DL17.
Against the DL17 postcode district average, it is £591k more expensive than the typical property.
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Schools Nearby
- 2.0kmKirk Merrington Primary School
- 2.0kmChilton Academy
- 2.6kmSt Joseph's Catholic Primary School, Coundon
- 3.2kmFerryhill School
- 3.7kmWoodham Academy
- 4.2kmGreenfield Academy
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Public Transport Nearby
Shildon station is the nearest stop to 1 Fairbeck Cottages, Ferryhill at 4.6 kilometres away.
- 4.6kmShildon
- 4.8kmNewton Aycliffe
- 5.8kmBishop Auckland
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
