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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Glebe Villas, Ferryhill is a early-century freehold house with 850 ft2 of internal area and sits on a 161 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, Glebe Villas, Ferryhill is £87,390 and the estimated rental value is £703 per month.
Glebe Villas, West Cornforth, Ferryhill, DL17 is located within the DL17 postal district.
2, Glebe Villas, Ferryhill has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated August 2021.
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, Glebe Villas, Ferryhill is in very good condition we estimate a sale value of £91,760 and a rental value of £738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,273 and a rental value of £654 per month.
Over the last 12 months the sale value of 2 Glebe Villas Ferryhill has decreased by an estimated £1,038 (1.2%) and its rental value has increased by an estimated £27 per month (3.8%), giving an expected gross yield of 9.7%.
According to data from HM Land Registry, 2, Glebe Villas, Ferryhill sits on a plot of 161m2.
We have plot size data on 25 out of 27 other houses in the postcode and 2, Glebe Villas, Ferryhill sits on the 18th largest plot.
2, Glebe Villas, Ferryhill has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Glebe Villas, Ferryhill was last sold on 18th March 2022 for £140,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Glebe Villas, Ferryhill within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 7, Barratt Way, Ferryhill, DL17 9LT, a freehold house which sold for £87,000 on the 4th August 2023.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Villas, West Cornforth, Ferryhill, DL17 has a total of 27 addresses. According to our analysis of all the public data, 2, Glebe Villas, Ferryhill is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in DL17.
The closest station to 2, Glebe Villas, Ferryhill is Durham station which is 9.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Glebe Villas, Ferryhill, 47.3% of property is privately owned outright and 28.4% 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, Glebe Villas, Ferryhill, 10.8% of residents are recorded as possessing school level qualifications and 28.1% 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, Glebe Villas, Ferryhill, the average age was 45.1 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, Glebe Villas, Ferryhill, 3.3% 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, Glebe Villas, Ferryhill, 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.
