2, The Oaklands
2, The Oaklands
Description & Estimates
2, The Oaklands, Durham is recorded publicly as a modern freehold house across 699 ft2 of internal area, sitting on a 336 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, The Oaklands, Durham is £159,632 and its rental estimate is £999 per month, given the available information and assuming reasonable condition.
The Oaklands, Wheatley Hill, Durham, DH6 falls within the DH6 postal district.
Our Data Sources
2, The Oaklands, Durham has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, The Oaklands, Durham, we estimate a market value of £167,614 and a rental value of £1,049 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,458 and £929 per month respectively.
Recent Market Change
Over the last year, 2, The Oaklands, Durham has seen its estimated sale value drop by £1,359 (0.9%) and its estimated rental value rise by £28 per month (2.8%). This results in an estimated gross rental yield of 7.5%.
Plot Size
HM Land Registry records the plot of land for 2, The Oaklands, Durham as measuring 336 m2.
Energy Efficiency
2, The Oaklands, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, The Oaklands, Durham completed on 30th September 2021 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 50.3% over the period since September 2021.
- Sold Sep 2021£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, The Oaklands, Durham have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th July 2022, was 17, Luke Terrace, Durham, DH6 3RX, a freehold house which sold for £132,500.
Read more about house prices in DH6.
- Sold Jul 2022£132,500 | 3 Bed House17, Luke Terrace, Durham, DH6 3RX17, Luke Terrace, Durham, DH6 3RX
- Sold Nov 2020£120,000 | 3 Bed House12, Luke Terrace, Durham, DH6 3RX12, Luke Terrace, Durham, DH6 3RX
- Sold Mar 2020£83,000 | 3 Bed House19, Luke Terrace, Durham, DH6 3RX19, Luke Terrace, Durham, DH6 3RX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 2 addresses on The Oaklands, Wheatley Hill, Durham, DH6, 2, The Oaklands, Durham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the DH6 district.
More reading links
Schools Nearby
- 0mSt Godrics Catholic Primary School, Thornley
- 300mWheatley Hill Community Primary School
- 1.4kmThornley Academy
- 3.1kmWellfield School
- 4.2kmThe Academy at Shotton Hall
- 4.8kmSt Bede's Catholic School and Byron Sixth Form College
More reading links
Public Transport Nearby
From 2, The Oaklands, Durham, the nearest station is Horden, 7.6 kilometres away.
- 7.6kmHorden
- 11.1kmDurham
- 11.3kmSeaham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
