2, Fairfalls Terrace
2, Fairfalls Terrace
Description & Estimates
2, Fairfalls Terrace, Durham is described in the public record as a period house with 1,259 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Fairfalls Terrace, Durham is £177,982 and its rental estimate is £1,026 per month, given the available information and assuming reasonable condition.
Fairfalls Terrace, New Brancepeth, Durham, DH7 falls within the DH7 postal district.
Our Data Sources
2, Fairfalls Terrace, Durham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data 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 2, Fairfalls Terrace, Durham, we estimate a market value of £186,881 and a rental value of £1,077 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,524 and £954 per month respectively.
Recent Market Change
Over the last year, 2, Fairfalls Terrace, Durham has seen its estimated sale value drop by £1,737 (1.0%) and its estimated rental value rise by £23 per month (2.2%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
2, Fairfalls Terrace, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Fairfalls Terrace, Durham completed on 31st March 2000 at £39,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Mar 2000£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Fairfalls Terrace, Durham have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2023, was 3, Fairfalls Terrace, Durham, DH7 7HB, a freehold house which sold for £82,000.
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
Of the 16 addresses on Fairfalls Terrace, New Brancepeth, Durham, DH7, 2, Fairfalls Terrace, Durham comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the DH7 district.
More reading links
Schools Nearby
- 400mNew Brancepeth Primary Academy
- 1.2kmSilver Tree Primary School and Nursery
- 1.3kmOur Lady & St Joseph's Catholic Primary School
- 1.8kmDurham Academy
- 4.0kmDurham Johnston Comprehensive School
- 4.7kmSt Leonard's Catholic School, Durham
More reading links
Public Transport Nearby
From 2, Fairfalls Terrace, Durham, the nearest station is Durham, 4.9 kilometres away.
- 4.9kmDurham
- 10.8kmChester-le-Street
- 12.5kmBishop 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.
