40, Gerard Close
40, Gerard Close
Description & Estimates
40, Gerard Close, Stanley is recorded publicly as a modern freehold house across 807 ft2 of internal area, sitting on a 156 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Gerard Close, Stanley is £140,996 and its rental estimate is £777 per month, given the available information and assuming reasonable condition.
Gerard Close, New Kyo, Stanley, DH9 falls within the DH9 postal district.
Our Data Sources
40, Gerard Close, Stanley has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated February 2019.
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 40, Gerard Close, Stanley, we estimate a market value of £148,046 and a rental value of £816 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,126 and £723 per month respectively.
Recent Market Change
Over the last year, 40, Gerard Close, Stanley has seen its estimated sale value drop by £534 (0.4%) and its estimated rental value rise by £23 per month (3.0%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 40, Gerard Close, Stanley as measuring 156 m2.
That makes it the 57th largest plot in the postcode, where 64 of the 75 other houses have recorded plot data.
Energy Efficiency
40, Gerard Close, Stanley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Gerard Close, Stanley completed on 26th July 2024 at £145,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 35.9% over the period since July 2024.
- Sold Jul 2024£145,000
- Sold Mar 2019£117,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Gerard Close, Stanley have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 14, Hedley Close, Stanley, DH9 7BZ, a freehold house which sold for £125,000.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 75 addresses on Gerard Close, New Kyo, Stanley, DH9, 40, Gerard Close, Stanley comes out as the 28th largest and the 27th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the DH9 district.
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Schools Nearby
- 700mAnnfield Plain Junior School
- 900mAnnfield Plain Infant School
- 1.4kmGreenland Community Primary School
- 2.4kmTanfield School
- 2.7kmNorth Durham Academy
- 3.6kmSt Bede's Catholic School and Sixth Form College, Lanchester
More reading links
Public Transport Nearby
From 40, Gerard Close, Stanley, the nearest station is Chester-le-Street, 9.4 kilometres away.
- 9.4kmChester-le-Street
- 11.5kmDunston
- 11.8kmMetroCentre
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.
