1, Mills Buildings
1, Mills Buildings
Description & Estimates
1, Mills Buildings, Ferryhill is recorded publicly as a period freehold house across 476 ft2 of internal area, sitting on a 42.9 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Mills Buildings, Ferryhill is £34,669 and its rental estimate is £282 per month, given the available information and assuming reasonable condition.
Mills Buildings, Ferryhill, DL17 falls within the DL17 postal district.
Our Data Sources
1, Mills Buildings, Ferryhill has a single entry in the Land Registry from February 2010 and a single entry in the EPC database dated March 2009.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Mills Buildings, Ferryhill, we estimate a market value of £36,402 and a rental value of £296 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £32,242 and £262 per month respectively.
Recent Market Change
Over the last year, 1, Mills Buildings, Ferryhill has seen its estimated sale value drop by £45 (0.1%) and its estimated rental value rise by £8 per month (3.0%). This results in an estimated gross rental yield of 9.8%.
Plot Size
HM Land Registry records the plot of land for 1, Mills Buildings, Ferryhill as measuring 43 m2.
That makes it the 4th largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
1, Mills Buildings, Ferryhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Mar 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Mills Buildings, Ferryhill completed on 26th February 2010 at £29,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 77.8% over the period since February 2010.
- Sold Feb 2010£29,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 1.2 kilometres of 1, Mills Buildings, Ferryhill, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 4, High Street, Ferryhill, DL17 0AG, a freehold house which sold for £78,999.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Mills Buildings, Ferryhill, DL17, 1, Mills Buildings, Ferryhill comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the DL17 district.
More reading links
Schools Nearby
- 800mFerryhill Station Primary School
- 1.1kmCleves Cross Primary and Nursery School Academy
- 1.2kmBroom Cottages Primary & Nursery School
- 2.8kmFerryhill School
- 5.5kmWhitworth Park Academy
- 6.2kmSedgefield Community College
More reading links
Public Transport Nearby
From 1, Mills Buildings, Ferryhill, the nearest station is Newton Aycliffe, 8.4 kilometres away.
- 8.4kmNewton Aycliffe
- 9.1kmShildon
- 9.7kmBishop Auckland
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
