5, Millwood
5, Millwood
Description & Estimates
5, Millwood, Ferryhill is recorded publicly as a modern freehold house across 1,291 ft2 of internal area, sitting on a 232 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Millwood, Ferryhill is £185,378 and its rental estimate is £874 per month, given the available information and assuming reasonable condition.
Millwood, Chilton, Ferryhill, DL17 falls within the DL17 postal district.
Our Data Sources
5, Millwood, Ferryhill has 21 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated November 2019.
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 5, Millwood, Ferryhill, we estimate a market value of £194,647 and a rental value of £918 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £172,402 and £813 per month respectively.
Recent Market Change
Over the last year, 5, Millwood, Ferryhill has seen its estimated sale value decrease by £2,566 (1.4%) and its estimated rental value grow by £16 per month (1.8%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 5, Millwood, Ferryhill as measuring 232 m2.
That makes it the 32nd largest plot in the postcode, where all 35 other houses have recorded plot data.
Energy Efficiency
5, Millwood, Ferryhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2019.
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 5, Millwood, Ferryhill completed on 5th July 2021 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 21.5% over the period since July 2021.
- Sold Jul 2021£160,000
- Sold Feb 2003£88,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Millwood, Ferryhill have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2020, was 29, Windgroves, Ferryhill, DL17 0RS, a freehold house which sold for £160,000.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Millwood, Chilton, Ferryhill, DL17, 5, Millwood, Ferryhill comes out as the 12th largest and the 14th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the DL17 district.
More reading links
Schools Nearby
- 400mChilton Academy
- 2.6kmKirk Merrington Primary School
- 2.6kmFerryhill Station Primary School
- 2.8kmFerryhill School
- 3.7kmWoodham Academy
- 5.1kmWhitworth Park Academy
More reading links
Public Transport Nearby
From 5, Millwood, Ferryhill, the nearest station is Newton Aycliffe, 5.5 kilometres away.
- 5.5kmNewton Aycliffe
- 6.1kmShildon
- 7.1kmHeighington
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.
