42, Medway Gardens
42, Medway Gardens
Description & Estimates
42, Medway Gardens, Stanley is recorded publicly as a mid-century freehold house across 796 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Medway Gardens, Stanley is £55,271 and its rental estimate is £405 per month, given the available information and assuming reasonable condition.
Medway Gardens, Stanley, DH9 falls within the DH9 postal district.
Our Data Sources
42, Medway Gardens, Stanley has 21 entries in the Land Registry , most recently in April 2011 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 42, Medway Gardens, Stanley, we estimate a market value of £58,035 and a rental value of £426 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £51,402 and £377 per month respectively.
Recent Market Change
Over the last year, 42, Medway Gardens, Stanley has seen its estimated sale value decline by £209 (0.4%) and its estimated rental value climb by £12 per month (3.0%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
42, Medway Gardens, Stanley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2018.
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 42, Medway Gardens, Stanley completed on 28th April 2011 at £40,500 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 23.4% over the period since April 2011.
- Sold Apr 2011£40,500
- Sold Sep 1997£17,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Medway Gardens, Stanley have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2024, was 44, Charlotte Street, Stanley, DH9 7AT, a freehold house which sold for £55,000.
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 42 addresses on Medway Gardens, Stanley, DH9, 42, Medway Gardens, Stanley comes out as the 20th largest and the 38th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the DH9 district.
More reading links
Schools Nearby
- 200mSouth Stanley Junior School
- 300mSouth Stanley Infant and Nursery School
- 500mSt Mary's Catholic Primary School, South Moor
- 1.3kmNorth Durham Academy
- 1.8kmTanfield School
- 4.7kmSt Bede's Catholic School and Sixth Form College, Lanchester
More reading links
Public Transport Nearby
From 42, Medway Gardens, Stanley, the nearest station is Chester-le-Street, 7.9 kilometres away.
- 7.9kmChester-le-Street
- 10.5kmDunston
- 11.0kmMetroCentre
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.
