2, Oak Tree Close
2, Oak Tree Close
Description & Estimates
The public record describes 2, Oak Tree Close, Durham as a modern house with 2,798 ft2 of internal area, sitting on a 316 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Oak Tree Close, Durham has an estimated sale value of £473,732 and an estimated rental value of £2,264 per month, assuming reasonable condition and based on the information available.
Oak Tree Close, Burnhope, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
2, Oak Tree Close, Durham has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data 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, Oak Tree Close, Durham would be worth £497,419, with a potential rental value of £2,377 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £440,571, with a rental value of £2,105 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, Oak Tree Close, Durham has moved down by £6,175 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £46 (2.0%). The property's estimated gross yield is currently 5.7%.
Plot Size
2, Oak Tree Close, Durham occupies a 316 m2 plot as recorded by HM Land Registry.
Energy Efficiency
2, Oak Tree Close, Durham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, Underfloor heating, pipes in insulated timber floor, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 2, Oak Tree Close, Durham across the last 2 years.
Most recently, Longview, Whitehouse Farm, Whitehouse Avenue, Durham, DH7 0EB, a freehold house, sold at £435,000 on the 27th September 2022.
Read more about house prices in DH7.
- Sold Sep 2022£435,000 | 5 Bed HouseWhitehouse Farm, Whitehouse AvenueLongview, Whitehouse Farm, Whitehouse Avenue, Durham, DH7 0EB
- Sold Jul 2014£380,000 | 5 Bed HouseSt. Johns MewsThe Meadow, St. Johns Mews, Durham, DH7 0EQ
- Sold May 2014£375,000 | 5 Bed HouseHolmside LaneSaradan, Holmside Lane, Durham, DH7 0DP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Oak Tree Close, Durham as the largest and the 2nd most expensive of the 2 addresses on Oak Tree Close, Burnhope, Durham, DH7.
Against the DH7 postcode district average, it is £316k more expensive than the typical property.
More reading links
Schools Nearby
- 400mBurnhope Primary School
- 2.1kmLanchester Endowed Parochial Primary School
- 2.3kmAll Saints' Catholic Primary School, Lanchester
- 2.3kmSt Bede's Catholic School and Sixth Form College, Lanchester
- 5.5kmNorth Durham Academy
- 6.0kmTanfield School
More reading links
Public Transport Nearby
Chester-le-Street station is the nearest stop to 2, Oak Tree Close, Durham at 9.3 kilometres away.
- 9.3kmChester-le-Street
- 9.7kmDurham
- 14.8kmDunston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
