2, Fairways
2, Fairways
Description & Estimates
2, Fairways, Stanley is described in the public record as a modern house with 1,786 ft2 of internal area, sitting on a 924 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Fairways, Stanley is £319,298 and its rental estimate is £1,461 per month, given the available information and assuming reasonable condition.
Fairways, South Moor, Stanley, DH9 falls within the DH9 postal district.
Our Data Sources
2, Fairways, Stanley has no records in the the Land Registry and a single entry in the EPC database dated May 2013.
We combine this information with public data 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 2, Fairways, Stanley, we estimate a market value of £335,263 and a rental value of £1,534 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,947 and £1,359 per month respectively.
Recent Market Change
Over the last year, 2, Fairways, Stanley has seen its estimated sale value decline by £5,480 (1.7%) and its estimated rental value climb by £17 per month (1.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 2, Fairways, Stanley as measuring 924 m2.
That makes it the 2nd largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
2, Fairways, Stanley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Fairways, Stanley have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th March 2021, was Hillcrest, Stanley, DH9 7ES, a freehold house which sold for £218,000.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Fairways, South Moor, Stanley, DH9, 2, Fairways, Stanley comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £202k more expensive than the average property across the DH9 district.
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Schools Nearby
- 400mGreenland Community Primary School
- 1.0kmSt Mary's Catholic Primary School, South Moor
- 1.2kmSouth Stanley Junior School
- 2.3kmNorth Durham Academy
- 2.8kmTanfield School
- 3.8kmSt Bede's Catholic School and Sixth Form College, Lanchester
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Public Transport Nearby
From 2, Fairways, Stanley, the nearest station is Chester-le-Street, 8.1 kilometres away.
- 8.1kmChester-le-Street
- 11.3kmDurham
- 11.6kmDunston
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.
