3, Prospect Terrace
3, Prospect Terrace
Description & Estimates
3, Prospect Terrace, Durham is recorded publicly as a period freehold house across 1,173 ft2 of internal area, sitting on a 95.9 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Prospect Terrace, Durham is £461,333 and its rental estimate is £1,424 per month, given the available information and assuming reasonable condition.
Prospect Terrace, Shincliffe, Durham, DH1 falls within the DH1 postal district.
Our Data Sources
3, Prospect Terrace, Durham has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated June 2013.
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 3, Prospect Terrace, Durham, we estimate a market value of £484,400 and a rental value of £1,496 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £429,040 and £1,325 per month respectively.
Recent Market Change
Over the last year, 3, Prospect Terrace, Durham has seen its estimated sale value move down by £7,110 (1.5%) and its estimated rental value increase by £37 per month (2.6%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 3, Prospect Terrace, Durham as measuring 96 m2.
That makes it the 4th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
3, Prospect Terrace, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 3, Prospect Terrace, Durham completed on 27th June 2014 at £269,950 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 6.6% over the period since June 2014.
- Sold Jun 2014£269,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Prospect Terrace, Durham have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2018, was Dunelm Cottage, High Street South, Durham, DH1 2NN, a freehold house which sold for £380,000.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Prospect Terrace, Shincliffe, Durham, DH1, 3, Prospect Terrace, Durham comes out as the 7th largest and the 5th most expensive in our analysis of the public data.
It is also £206k more expensive than the average property across the DH1 district.
More reading links
Schools Nearby
- 700mShincliffe CofE (Controlled) Primary School
- 1.8kmLaurel Avenue Community Primary School
- 2.0kmSt Oswald's Church of England Aided Primary and Nursery School
- 3.0kmBelmont Community School
- 3.6kmSt Leonard's Catholic School, Durham
- 3.8kmDurham Johnston Comprehensive School
More reading links
Public Transport Nearby
From 3, Prospect Terrace, Durham, the nearest station is Durham, 3.1 kilometres away.
- 3.1kmDurham
- 10.7kmChester-le-Street
- 14.1kmBishop Auckland
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
