16, Redwood
16, Redwood
Description & Estimates
Public records show 16, Redwood, Durham to be a mid-century freehold house with 1,194 ft2 of internal area, sitting on a 135 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Redwood, Durham has an estimated sale value of £68,785 and an estimated rental value of £455 per month, assuming reasonable condition and based on the information available.
Redwood, Esh Winning, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
16, Redwood, Durham has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated August 2022.
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.
Price Range & Condition
In very good condition, we estimate 16, Redwood, Durham would be worth £72,224, with a potential rental value of £477 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £63,970, with a rental value of £423 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 16, Redwood, Durham has declined by £671 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £10 (2.2%). The property's estimated gross yield is currently 7.9%.
Plot Size
16, Redwood, Durham occupies a 135 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
16, Redwood, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Redwood, Durham last changed hands on 25th November 2022, selling for £67,000. 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 49.2% since November 2022.
- Sold Nov 2022£67,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 16, Redwood, Durham across the last 2 years.
Most recently, 20, Redwood, Durham, DH7 9AG, a freehold house, sold at £52,000 on the 3rd October 2023.
Read more about house prices in DH7.
•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 16, Redwood, Durham as the largest and the most expensive of the 22 addresses on Redwood, Esh Winning, Durham, DH7.
Against the DH7 postcode district average, it is £89k less expensive than the typical property.
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Schools Nearby
- 200mEsh Winning Academy
- 2.7kmSt Michael's Catholic Primary School, Esh Village
- 2.8kmEsh CofE (Aided) Primary School
- 5.0kmDurham Academy
- 6.9kmParkside Academy
- 7.1kmSt Bede's Catholic School and Sixth Form College, Lanchester
More reading links
Public Transport Nearby
Durham station is the nearest stop to 16, Redwood, Durham at 8.4 kilometres away.
- 8.4kmDurham
- 12.4kmBishop Auckland
- 12.9kmChester-le-Street
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
