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According to the public record, 7, Morrison Terrace, Ferryhill is a period freehold house with 1,194 ft2 of internal area and sits on a 114 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 7, Morrison Terrace, Ferryhill is £70,027 and the estimated rental value is £509 per month.
Morrison Terrace, Ferryhill, DL17 is located within the DL17 postal district.
7, Morrison Terrace, Ferryhill has 21 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 7, Morrison Terrace, Ferryhill is in very good condition we estimate a sale value of £73,528 and a rental value of £535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,125 and a rental value of £473 per month.
Over the last 12 months the sale value of 7 Morrison Terrace Ferryhill has decreased by an estimated £1,611 (2.3%) and its rental value has increased by an estimated £14 per month (2.7%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 7, Morrison Terrace, Ferryhill sits on a plot of 114m2.
We have plot size data on 21 out of 25 other houses in the postcode and 7, Morrison Terrace, Ferryhill sits on the 13th largest plot.
7, Morrison Terrace, Ferryhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Oct 2015.
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, 7, Morrison Terrace, Ferryhill was last sold on 26th September 2014 for £69,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2014, the market for similar properties has risen 121.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Morrison Terrace, Ferryhill within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 5, Morrison Terrace, Ferryhill, DL17 9DQ, a freehold house which sold for £55,000 on the 19th March 2021.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morrison Terrace, Ferryhill, DL17 has a total of 25 addresses. According to our analysis of all the public data, 7, Morrison Terrace, Ferryhill is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in DL17.
The closest station to 7, Morrison Terrace, Ferryhill is Newton Aycliffe station which is 8.5 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 7, Morrison Terrace, Ferryhill, 31.3% of property is privately rented and 28.1% is socially rented.
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 7, Morrison Terrace, Ferryhill, 17.7% of residents are recorded as possessing school level qualifications and 15.7% 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 7, Morrison Terrace, Ferryhill, the average age was 42.1 and the most common age was 52.
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 7, Morrison Terrace, Ferryhill, 0.0% 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 7, Morrison Terrace, Ferryhill, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
