31, Ferens Close
31, Ferens Close
Description & Estimates
Public records show 31, Ferens Close, Durham to be a modern freehold house with 1,345 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
31, Ferens Close, Durham has an estimated sale value of £394,917 and an estimated rental value of £1,648 per month, assuming reasonable condition and based on the information available.
Ferens Close, Durham, DH1 lies within the DH1 postal district.
Our Data Sources
31, Ferens Close, Durham has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 31, Ferens Close, Durham would be worth £414,663, with a potential rental value of £1,730 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £367,273, with a rental value of £1,533 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 31, Ferens Close, Durham has declined by £6,087 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £42 (2.6%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
31, Ferens Close, Durham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
31, Ferens Close, Durham last changed hands on 31st August 2022, selling for £369,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.5% since August 2022.
- Sold Aug 2022£369,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 31, Ferens Close, Durham across the last 2 years.
Most recently, 33, Ferens Close, Durham, DH1 1JX, a freehold house, sold at £369,950 on the 26th August 2022.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 31, Ferens Close, Durham as the 6th largest and the 5th most expensive of the 22 addresses on Ferens Close, Durham, DH1.
Against the DH1 postcode district average, it is £140k more expensive than the typical property.
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Schools Nearby
- 1.2kmSt Oswald's Church of England Aided Primary and Nursery School
- 1.3kmLaurel Avenue Community Primary School
- 1.4kmDurham Gilesgate Primary School
- 1.2kmSt Leonard's Catholic School, Durham
- 1.8kmDurham Johnston Comprehensive School
- 2.1kmFramwellgate School Durham
More reading links
Public Transport Nearby
Durham station is the nearest stop to 31, Ferens Close, Durham at 900 metres away.
- 900mDurham
- 8.2kmChester-le-Street
- 15.4kmBishop Auckland
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
