28, Derwent Street
28, Derwent Street
Description & Estimates
28, Derwent Street, Stanley is recorded publicly as a mid-century freehold house across 796 ft2 of internal area, sitting on a 87.5 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 28, Derwent Street, Stanley is £72,571 and its rental estimate is £532 per month, given the available information and assuming reasonable condition.
Derwent Street, Stanley, DH9 falls within the DH9 postal district.
Our Data Sources
28, Derwent Street, Stanley has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 28, Derwent Street, Stanley, we estimate a market value of £76,200 and a rental value of £559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,491 and £495 per month respectively.
Recent Market Change
Over the last year, 28, Derwent Street, Stanley has seen its estimated sale value decline by £275 (0.4%) and its estimated rental value climb by £16 per month (3.0%). This results in an estimated gross rental yield of 8.8%.
Plot Size
HM Land Registry records the plot of land for 28, Derwent Street, Stanley as measuring 87 m2.
That makes it the 22nd largest plot in the postcode, where 26 of the 32 other houses have recorded plot data.
Energy Efficiency
28, Derwent Street, Stanley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 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 28, Derwent Street, Stanley completed on 7th June 2022 at £63,000 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 dropped by 21.5% over the period since June 2022.
- Sold Jun 2022£63,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Derwent Street, Stanley have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2024, was 24, Derwent Street, Stanley, DH9 8AX, a freehold house which sold for £67,500.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 32 addresses on Derwent Street, Stanley, DH9, 28, Derwent Street, Stanley comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the DH9 district.
More reading links
Schools Nearby
- 700mSt Joseph's Catholic Primary, Stanley
- 1.0kmTanfield Lea Community Primary School
- 1.2kmShield Row Primary School
- 200mTanfield School
- 1.0kmNorth Durham Academy
- 6.0kmSt Bede's Catholic School and Sixth Form College, Lanchester
More reading links
Public Transport Nearby
From 28, Derwent Street, Stanley, the nearest station is Chester-le-Street, 8.5 kilometres away.
- 8.5kmChester-le-Street
- 9.2kmDunston
- 9.5kmMetroCentre
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
