5, Prospect Terrace
5, Prospect Terrace
Description & Estimates
Public records show 5, Prospect Terrace, Durham to be a period freehold house with 775 ft2 of internal area, sitting on a 66.1 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Prospect Terrace, Durham has an estimated sale value of £363,215 and an estimated rental value of £1,239 per month, assuming reasonable condition and based on the information available.
Prospect Terrace, Shincliffe, Durham, DH1 lies within the DH1 postal district.
Our Data Sources
5, Prospect Terrace, Durham has a single entry in the Land Registry from August 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 5, Prospect Terrace, Durham would be worth £381,376, with a potential rental value of £1,301 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £337,790, with a rental value of £1,152 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Prospect Terrace, Durham has fallen by £5,244 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.9%). The property's estimated gross yield is currently 4.1%.
Plot Size
5, Prospect Terrace, Durham occupies a 66 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
5, Prospect Terrace, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jul 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Prospect Terrace, Durham last changed hands on 27th August 2020, selling for £160,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.0% since August 2020.
- Sold Aug 2020£160,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 5, Prospect Terrace, Durham across the last 2 years.
Most recently, 49, Illingworth Grove, Durham, DH1 3BL, a freehold house, sold at £385,000 on the 30th September 2024.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Prospect Terrace, Durham as the 17th largest and the 7th most expensive of the 19 addresses on Prospect Terrace, Shincliffe, Durham, DH1.
Against the DH1 postcode district average, it is £108k more expensive than the typical property.
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Schools Nearby
- 700mShincliffe CofE (Controlled) Primary School
- 1.8kmLaurel Avenue Community Primary School
- 2.0kmSt Oswald's Church of England Aided Primary and Nursery School
- 3.0kmBelmont Community School
- 3.6kmSt Leonard's Catholic School, Durham
- 3.8kmDurham Johnston Comprehensive School
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Public Transport Nearby
Durham station is the nearest stop to 5, Prospect Terrace, Durham at 3.1 kilometres away.
- 3.1kmDurham
- 10.7kmChester-le-Street
- 14.1kmBishop Auckland
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
