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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Gray Terrace, Stanley is £42,237 and the estimated rental value is £307 per month.
Gray Terrace, Stanley, DH9 is located within the DH9 postal district.
22, Gray Terrace, Stanley has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 22, Gray Terrace, Stanley is in very good condition we estimate a sale value of £44,348 and a rental value of £323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £39,280 and a rental value of £286 per month.
Over the last 12 months the sale value of 22 Gray Terrace Stanley has increased by an estimated £82 (0.2%) and its rental value has increased by an estimated £10 per month (3.2%), giving an expected gross yield of 8.7%.
22, Gray Terrace, Stanley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2020.
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 960 metres radius of 22, Gray Terrace, Stanley over the last 2 years.
The most recent example is 23, Gray Terrace, Stanley, DH9 7LB, a freehold house which sold for £39,900 on the 15th August 2024.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gray Terrace, Stanley, DH9 has a total of 23 addresses. According to our analysis of all the public data, 22, Gray Terrace, Stanley is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in DH9.
The closest station to 22, Gray Terrace, Stanley is Chester-le-Street station which is 9.1 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 22, Gray Terrace, Stanley, 40.0% of property is privately owned outright and 36.4% is privately rented.
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 22, Gray Terrace, Stanley, 18.9% of residents are recorded as possessing school level qualifications and 25.1% 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 22, Gray Terrace, Stanley, the average age was 41.7 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 22, Gray Terrace, Stanley, 0.8% 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 22, Gray Terrace, Stanley, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.