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According to the public record, 5, Oaklea, Chester Le Street is a modern leasehold house with 850 ft2 of internal area and sits on a 371 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Oaklea, Chester Le Street is £190,566 and the estimated rental value is £1,128 per month.
Oaklea, Chester Le Street, DH2 is located within the DH2 postal district.
5, Oaklea, Chester Le Street has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated September 2022.
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.
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 5, Oaklea, Chester Le Street is in very good condition we estimate a sale value of £200,094 and a rental value of £1,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,226 and a rental value of £1,049 per month.
Over the last 12 months the sale value of 5 Oaklea Chester Le Street has increased by an estimated £3,495 (1.8%) and its rental value has increased by an estimated £41 per month (3.6%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 5, Oaklea, Chester Le Street sits on a plot of 371m2.
We have plot size data on 6 out of 7 other houses in the postcode and 5, Oaklea, Chester Le Street sits on the 3rd largest plot.
5, Oaklea, Chester Le Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2022.
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, 5, Oaklea, Chester Le Street was last sold on 31st March 2023 for £189,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oaklea, Chester Le Street within a radius of 750 metres over the last 2 years.
The most recent example is 106, Elmway, Chester Le Street, DH2 2LQ, a leasehold house which sold for £205,000 on the 30th August 2024.
Read more about house prices in DH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklea, Chester Le Street, DH2 has a total of 7 addresses. According to our analysis of all the public data, 5, Oaklea, Chester Le Street is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in DH2.
The closest station to 5, Oaklea, Chester Le Street is Chester-le-Street station which is 1.1 kilometres away.
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 5, Oaklea, Chester Le Street, 63.0% of property is privately owned outright and 33.3% 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 5, Oaklea, Chester Le Street, 14.9% of residents are recorded as possessing school level qualifications and 27.5% 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 5, Oaklea, Chester Le Street, the average age was 46.7 and the most common age was 57.
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 5, Oaklea, Chester Le Street, 2.8% 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 5, Oaklea, Chester Le Street, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.