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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
27, Wear Road, Stanley is recorded publicly as a mid-century freehold house across 710 ft2 of internal area, sitting on a 213 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 27, Wear Road, Stanley is £101,352 and its rental estimate is £702 per month, given the available information and assuming reasonable condition.
Wear Road, Stanley, DH9 falls within the DH9 postal district.
27, Wear Road, Stanley has 31 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated July 2023.
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.
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 27, Wear Road, Stanley, we estimate a market value of £106,420 and a rental value of £737 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,257 and £653 per month respectively.
Over the last year, 27, Wear Road, Stanley has seen its estimated sale value move down by £384 (0.4%) and its estimated rental value increase by £21 per month (3.0%). This results in an estimated gross rental yield of 8.3%.
HM Land Registry records the plot of land for 27, Wear Road, Stanley as measuring 213 m2.
That makes it the 17th largest plot in the postcode, where 21 of the 24 other houses have recorded plot data.
27, Wear Road, Stanley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 27, Wear Road, Stanley completed on 27th October 2023 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.9% over the period since October 2023.
Over the past 2 years 3 properties similar to 27, Wear Road, Stanley have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2023, was 26, Constable Close, Stanley, DH9 6TE, a freehold house which sold for £62,600.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 108 addresses on Wear Road, Stanley, DH9, 27, Wear Road, Stanley comes out as the 55th largest and the 16th most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the DH9 district.
From 27, Wear Road, Stanley, the nearest station is Chester-le-Street, 7.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 27, Wear Road, Stanley, 28.0% of property is privately owned with a mortgage and 26.8% is privately owned outright.
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 27, Wear Road, Stanley, 18.6% of residents are recorded as possessing school level qualifications and 19.7% 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 27, Wear Road, Stanley, the average age was 39.1 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 27, Wear Road, Stanley, 0.6% 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 27, Wear Road, 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.
