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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 1, Falcon Way, Durham to be a modern freehold house with 635 ft2 of internal area, sitting on a 505 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
1, Falcon Way, Durham has an estimated sale value of £199,823 and an estimated rental value of £1,100 per month, assuming reasonable condition and based on the information available.
Falcon Way, Esh Winning, Durham, DH7 lies within the DH7 postal district.
1, Falcon Way, Durham has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 1, Falcon Way, Durham would be worth £209,814, with a potential rental value of £1,156 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,836, with a rental value of £1,023 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Falcon Way, Durham has fallen by £1,252 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £29 (2.7%). The property's estimated gross yield is currently 6.6%.
1, Falcon Way, Durham occupies a 505 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 13th largest.
1, Falcon Way, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
1, Falcon Way, Durham last changed hands on 24th April 2015, selling for £82,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 26.6% since April 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 1, Falcon Way, Durham across the last 2 years.
Most recently, 35, Osprey Close, Durham, DH7 9JP, a freehold house, sold at £133,500 on the 8th July 2022.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Falcon Way, Durham as the 16th largest and the 16th most expensive of the 19 addresses on Falcon Way, Esh Winning, Durham, DH7.
Against the DH7 postcode district average, it is £42k more expensive than the typical property.
Durham station is the nearest stop to 1, Falcon Way, Durham at 8.6 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Falcon Way, Durham, 69.2% of property is privately owned outright and 24.8% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Falcon Way, Durham, 5.8% of residents are recorded as possessing school level qualifications and 28.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Falcon Way, Durham, the average age was 41.2 and the most common age was 37.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Falcon Way, Durham, 1.5% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Falcon Way, Durham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
