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According to the public record, 5, The Paddock, Durham is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 549 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Paddock, Durham is £443,704 and the estimated rental value is £1,888 per month.
The Paddock, Lanchester, Durham, DH7 is located within the DH7 postal district.
5, The Paddock, Durham has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated January 2016.
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.
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, The Paddock, Durham is in very good condition we estimate a sale value of £465,890 and a rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,645 and a rental value of £1,756 per month.
Over the last 12 months the sale value of 5 The Paddock Durham has decreased by an estimated £557 (0.1%) and its rental value has increased by an estimated £54 per month (2.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 5, The Paddock, Durham sits on a plot of 549m2.
We have plot size data on 10 out of 10 other houses in the postcode and 5, The Paddock, Durham sits on the 8th largest plot.
5, The Paddock, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2016.
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, The Paddock, Durham was last sold on 14th February 2018 for £293,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has dropped 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Paddock, Durham within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1, The Pastures, Durham, DH7 0BT, a freehold house which sold for £205,000 on the 20th January 2023.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Lanchester, Durham, DH7 has a total of 10 addresses. According to our analysis of all the public data, 5, The Paddock, Durham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £286k more expensive than the average property in DH7.
The closest station to 5, The Paddock, Durham is Durham station which is 11.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, The Paddock, Durham, 58.3% of property is privately owned outright and 34.7% 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, The Paddock, Durham, 12.2% of residents are recorded as possessing school level qualifications and 48.0% 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, The Paddock, Durham, the average age was 46 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, The Paddock, Durham, 2.0% 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, The Paddock, Durham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.