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According to the public record, 7, New Durham Road, Stanley is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, New Durham Road, Stanley is £37,342 and the estimated rental value is £313 per month.
New Durham Road, Stanley, DH9 is located within the DH9 postal district.
7, New Durham Road, Stanley has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated October 2017.
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 7, New Durham Road, Stanley is in very good condition we estimate a sale value of £39,209 and a rental value of £328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £34,728 and a rental value of £291 per month.
Over the last 12 months the sale value of 7 New Durham Road Stanley has decreased by an estimated £237 (0.6%) and its rental value has increased by an estimated £9 per month (2.8%), giving an expected gross yield of 10%.
7, New Durham Road, Stanley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Oct 2017.
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, New Durham Road, Stanley was last sold on 5th October 2018 for £34,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has risen 41.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 840 metres radius of 7, New Durham Road, Stanley over the last 2 years.
The most recent example is 9, New Durham Road, Stanley, DH9 7UQ, a freehold house which sold for £95,000 on the 15th January 2021.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Durham Road, Stanley, DH9 has a total of 19 addresses. According to our analysis of all the public data, 7, New Durham Road, Stanley is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in DH9.
The closest station to 7, New Durham Road, Stanley is Chester-le-Street station which is 9.9 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, New Durham Road, Stanley, 48.6% of property is privately owned outright and 26.1% 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 7, New Durham Road, Stanley, 14.2% of residents are recorded as possessing school level qualifications and 16.9% 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, New Durham Road, Stanley, the average age was 41.7 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 7, New Durham Road, Stanley, 0.3% 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, New Durham Road, Stanley, 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.
