2, George Terrace
2, George Terrace
Description & Estimates
The public record lists 2, George Terrace, Durham as a freehold house sitting on a 102 m2 plot.
Comparison with its neighbours suggests a period house with 866 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
2, George Terrace, Durham has an estimated sale value of £104,428 and an estimated rental value of £763 per month, assuming reasonable condition and based on the information available.
George Terrace, Bearpark, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
2, George Terrace, Durham has a single entry in the Land Registry from May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2, George Terrace, Durham would be worth £109,649, with a potential rental value of £801 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,118, with a rental value of £710 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 2, George Terrace, Durham has fallen by £758 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (2.5%). The property's estimated gross yield is currently 8.8%.
Plot Size
2, George Terrace, Durham occupies a 102 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 15th largest.
Sold Prices
2, George Terrace, Durham last changed hands on 11th May 2007, selling for £80,000. 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 dropped by 12.2% since May 2007.
- Sold May 2007£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 2, George Terrace, Durham across the last 2 years.
Most recently, 104, Taylor Avenue, Durham, DH7 7AY, a freehold house, sold at £115,000 on the 11th July 2024.
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 2, George Terrace, Durham as the 17th largest and the 17th most expensive of the 19 addresses on George Terrace, Bearpark, Durham, DH7.
Against the DH7 postcode district average, it is £53k less expensive than the typical property.
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Schools Nearby
- 500mBearpark Primary School
- 1.0kmSt Joseph's Catholic Primary School, Ushaw Moor
- 1.1kmOur Lady & St Joseph's Catholic Primary School
- 600mDurham Academy
- 2.0kmDurham Johnston Comprehensive School
- 2.6kmSt Leonard's Catholic School, Durham
More reading links
Public Transport Nearby
Durham station is the nearest stop to 2, George Terrace, Durham at 3.0 kilometres away.
- 3.0kmDurham
- 8.7kmChester-le-Street
- 14.2kmBishop Auckland
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.
