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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Lynesack House, Ferryhill is £81,907 and the estimated rental value is £593 per month.
The apartment is within Lynesack House, Chilton, Ferryhill, DL17.
Chilton, Ferryhill, DL17 is located within the DL17 postal district.
2 Lynesack House, Ferryhill has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
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.
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 Lynesack House, Ferryhill is in very good condition we estimate a sale value of £86,003 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,174 and a rental value of £551 per month.
Over the last 12 months the sale value of 2 Lynesack House Ferryhill has decreased by an estimated £1,251 (1.5%) and its rental value has increased by an estimated £10 per month (1.7%), giving an expected gross yield of 8.7%.
2 Lynesack House, Ferryhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 650 metres radius of 2 Lynesack House, Ferryhill over the last 2 years.
The most recent example is 5, Norman Terrace, Ferryhill, DL17 0HF, a freehold house which sold for £32,000 on the 5th December 2024.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chilton, Ferryhill, DL17 has a total of 82 addresses. According to our analysis of all the public data, 2 Lynesack House, Ferryhill is the 79th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in DL17.
The closest station to 2 Lynesack House, Ferryhill is Newton Aycliffe station which is 5.7 kilometres away.
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 Lynesack House, Ferryhill, 39.8% of property is privately owned outright and 30.7% 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 Lynesack House, Ferryhill, 13.5% of residents are recorded as possessing school level qualifications and 24.7% 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 Lynesack House, Ferryhill, the average age was 42.1 and the most common age was 52.
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 Lynesack House, Ferryhill, 2.1% 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 Lynesack House, Ferryhill, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.