Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, The Forge, Durham is a modern freehold house with 1,173 ft2 of internal area and sits on a 534 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 7, The Forge, Durham is £316,489 and the estimated rental value is £1,359 per month.
The Forge, Brancepeth, Durham, DH7 is located within the DH7 postal district.
7, The Forge, Durham has 2 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated September 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, The Forge, Durham is in very good condition we estimate a sale value of £332,313 and a rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,335 and a rental value of £1,263 per month.
Over the last 12 months the sale value of 7 The Forge Durham has increased by an estimated £1,959 (0.6%) and its rental value has increased by an estimated £46 per month (3.4%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 7, The Forge, Durham sits on a plot of 534m2.
We have plot size data on 11 out of 11 other houses in the postcode and 7, The Forge, Durham sits on the 3rd largest plot.
7, The Forge, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 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, The Forge, Durham was last sold on 28th September 2018 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2018, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Forge, Durham within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 16, The Village, Durham, DH7 8DG, a freehold house which sold for £375,000 on the 31st January 2023.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Forge, Brancepeth, Durham, DH7 has a total of 11 addresses. According to our analysis of all the public data, 7, The Forge, Durham is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in DH7.
The closest station to 7, The Forge, Durham is Durham station which is 6.7 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, The Forge, Durham, 49.4% of property is privately owned outright and 27.8% 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, The Forge, Durham, 14.0% of residents are recorded as possessing school level qualifications and 54.2% 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, The Forge, Durham, the average age was 44.9 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, The Forge, Durham, 4.1% 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, The Forge, Durham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
