2, Grasmere Road
2, Grasmere Road
Description & Estimates
Public records show 2, Grasmere Road, Chester Le Street to be a mid-century freehold house with 667 ft2 of internal area, sitting on a 319 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Grasmere Road, Chester Le Street has an estimated sale value of £170,026 and an estimated rental value of £1,103 per month, assuming reasonable condition and based on the information available.
Grasmere Road, Chester Le Street, DH2 lies within the DH2 postal district.
Our Data Sources
2, Grasmere Road, Chester Le Street has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Grasmere Road, Chester Le Street would be worth £178,528, with a potential rental value of £1,158 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,125, with a rental value of £1,026 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, Grasmere Road, Chester Le Street has decreased by £156 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £27 (2.5%). The property's estimated gross yield is currently 7.8%.
Plot Size
2, Grasmere Road, Chester Le Street occupies a 319 m2 plot as recorded by HM Land Registry.
Of the 42 other houses in this postcode, 36 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Grasmere Road, Chester Le Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Grasmere Road, Chester Le Street last changed hands on 4th July 2016, selling for £135,000. 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 16.3% since July 2016.
- Sold Jul 2016£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of 2, Grasmere Road, Chester Le Street across the last 2 years.
Most recently, 24, Grasmere Road, Chester Le Street, DH2 3DL, a leasehold house, sold at £190,000 on the 15th November 2024.
Read more about house prices in DH2.
•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, Grasmere Road, Chester Le Street as the 76th largest and the 70th most expensive of the 93 addresses on Grasmere Road, Chester Le Street, DH2.
Against the DH2 postcode district average, it is £12k more expensive than the typical property.
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Schools Nearby
- 400mNewker Primary School
- 600mRed Rose Primary School
- 600mBullion Lane Primary School
- 800mHermitage Academy
- 1.1kmPark View School
- 5.1kmLord Lawson of Beamish Academy
More reading links
Public Transport Nearby
Chester-le-Street station is the nearest stop to 2, Grasmere Road, Chester Le Street at 800 metres away.
- 800mChester-le-Street
- 7.6kmDurham
- 11.6kmHeworth
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.
