11, Farnley Ridge
11, Farnley Ridge
Description & Estimates
11, Farnley Ridge, Durham is recorded publicly as a mid-century freehold house across 1,668 ft2 of internal area, sitting on a 539 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 11, Farnley Ridge, Durham is £572,307 and its rental estimate is £1,518 per month, given the available information and assuming reasonable condition.
Farnley Ridge, Durham, DH1 falls within the DH1 postal district.
Our Data Sources
11, Farnley Ridge, Durham has 21 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 11, Farnley Ridge, Durham, we estimate a market value of £600,922 and a rental value of £1,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £532,245 and £1,412 per month respectively.
Recent Market Change
Over the last year, 11, Farnley Ridge, Durham has seen its estimated sale value decline by £8,821 (1.5%) and its estimated rental value climb by £39 per month (2.6%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 11, Farnley Ridge, Durham as measuring 539 m2.
That makes it the 8th largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
11, Farnley Ridge, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2018.
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 11, Farnley Ridge, Durham completed on 24th May 2019 at £420,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 14.4% over the period since May 2019.
- Sold May 2019£420,000
- Sold Mar 1998£112,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Farnley Ridge, Durham have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2024, was 21, St. Monica Grove, Durham, DH1 4AS, a freehold house which sold for £590,000.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Farnley Ridge, Durham, DH1, 11, Farnley Ridge, Durham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £317k more expensive than the average property across the DH1 district.
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Schools Nearby
- 300mNeville's Cross Primary School and Nursery
- 400mSt Margaret's Church of England Primary School
- 1.4kmSt Oswald's Church of England Aided Primary and Nursery School
- 600mDurham Johnston Comprehensive School
- 1.1kmSt Leonard's Catholic School, Durham
- 2.6kmFramwellgate School Durham
More reading links
Public Transport Nearby
From 11, Farnley Ridge, Durham, the nearest station is Durham, 900 metres away.
- 900mDurham
- 9.0kmChester-le-Street
- 14.1kmBishop Auckland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
