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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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According to the public record, 1, Laurel Road, Ferryhill is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Laurel Road, Ferryhill is £106,115 and the estimated rental value is £747 per month.
Laurel Road, Ferryhill, DL17 is located within the DL17 postal district.
1, Laurel Road, Ferryhill has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Laurel Road, Ferryhill is in very good condition we estimate a sale value of £111,421 and a rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,687 and a rental value of £695 per month.
Over the last 12 months the sale value of 1 Laurel Road Ferryhill has decreased by an estimated £1,260 (1.2%) and its rental value has increased by an estimated £29 per month (3.8%), giving an expected gross yield of 8.5%.
According to data from HM Land Registry, 1, Laurel Road, Ferryhill sits on a plot of 396m2.
1, Laurel Road, Ferryhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Laurel Road, Ferryhill was last sold on 25th November 2022 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has risen 65.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Laurel Road, Ferryhill within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 10, Lilac Road, Ferryhill, DL17 0DR, a freehold house which sold for £97,000 on the 13th November 2020.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Ferryhill, DL17 has a total of 3 addresses. According to our analysis of all the public data, 1, Laurel Road, Ferryhill is the largest and the most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in DL17.
The closest station to 1, Laurel Road, Ferryhill is Newton Aycliffe station which is 7.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Laurel Road, Ferryhill, 37.3% of property is privately owned outright and 30.5% 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, Laurel Road, Ferryhill, 20.9% of residents are recorded as possessing school level qualifications and 22.4% 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, Laurel Road, Ferryhill, the average age was 42.1 and the most common age was 52.
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, Laurel Road, Ferryhill, 1.4% 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, Laurel Road, Ferryhill, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
