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According to the public record, 2, Colepike Road, Durham is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 305 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 2, Colepike Road, Durham is £290,516 and the estimated rental value is £1,397 per month.
Colepike Road, Lanchester, Durham, DH7 is located within the DH7 postal district.
2, Colepike Road, Durham has 21 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated January 2009.
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.
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 2, Colepike Road, Durham is in very good condition we estimate a sale value of £305,042 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,180 and a rental value of £1,299 per month.
Over the last 12 months the sale value of 2 Colepike Road Durham has decreased by an estimated £2,108 (0.7%) and its rental value has increased by an estimated £35 per month (2.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 2, Colepike Road, Durham sits on a plot of 305m2.
We have plot size data on 16 out of 16 other houses in the postcode and 2, Colepike Road, Durham sits on the 3rd largest plot.
2, Colepike Road, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2009.
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, 2, Colepike Road, Durham was last sold on 5th February 2015 for £142,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2015, the market for similar properties has dropped 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Colepike Road, Durham within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 20, Middlewood Road, Durham, DH7 0HL, a freehold house which sold for £310,000 on the 30th September 2024.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colepike Road, Lanchester, Durham, DH7 has a total of 16 addresses. According to our analysis of all the public data, 2, Colepike Road, Durham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in DH7.
The closest station to 2, Colepike Road, Durham is Durham station which is 11.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2, Colepike Road, Durham, 70.1% of property is privately owned outright and 22.8% 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 2, Colepike Road, Durham, 11.5% of residents are recorded as possessing school level qualifications and 49.1% 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 2, Colepike Road, Durham, the average age was 46 and the most common age was 57.
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 2, Colepike Road, Durham, 0.4% 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 2, Colepike Road, 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.