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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
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According to the public record, 31, Mere Drive, Durham is a modern freehold house with 1,399 ft2 of internal area and sits on a 433 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Mere Drive, Durham is £365,871 and the estimated rental value is £1,607 per month.
Mere Drive, Pity Me, Durham, DH1 is located within the DH1 postal district.
31, Mere Drive, Durham has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated April 2016.
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.
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 31, Mere Drive, Durham is in very good condition we estimate a sale value of £384,165 and a rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,260 and a rental value of £1,495 per month.
Over the last 12 months the sale value of 31 Mere Drive Durham has decreased by an estimated £5,639 (1.5%) and its rental value has increased by an estimated £41 per month (2.6%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 31, Mere Drive, Durham sits on a plot of 433m2.
We have plot size data on 26 out of 26 other houses in the postcode and 31, Mere Drive, Durham sits on the 11th largest plot.
31, Mere Drive, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31, Mere Drive, Durham was last sold on 19th August 2016 for £206,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Mere Drive, Durham within a radius of 730 metres over the last 2 years.
The most recent example is 2, Mere Drive, Durham, DH1 5DD, a freehold house which sold for £350,000 on the 23rd September 2022.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Drive, Pity Me, Durham, DH1 has a total of 26 addresses. According to our analysis of all the public data, 31, Mere Drive, Durham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in DH1.
The closest station to 31, Mere Drive, Durham is Durham station which is 2.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Mere Drive, Durham, 64.0% of property is privately owned outright and 21.9% is privately owned with a mortgage.
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 31, Mere Drive, Durham, 14.3% of residents are recorded as possessing school level qualifications and 46.5% 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 31, Mere Drive, Durham, the average age was 43 and the most common age was 47.
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 31, Mere Drive, Durham, 2.5% 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 31, Mere Drive, Durham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
