8, George Street
8, George Street
Description & Estimates
8, George Street, Stanley appears in the public record as a freehold house sitting on a 193 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 658 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, George Street, Stanley is £56,170 and its rental estimate is £432 per month, given the available information and assuming reasonable condition.
George Street, Dipton, Stanley, DH9 falls within the DH9 postal district.
Our Data Sources
8, George Street, Stanley has a single entry in the Land Registry from March 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, George Street, Stanley, we estimate a market value of £58,979 and a rental value of £453 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £52,238 and £401 per month respectively.
Recent Market Change
Over the last year, 8, George Street, Stanley has seen its estimated sale value increase by £58 (0.1%) and its estimated rental value grow by £15 per month (3.5%). This results in an estimated gross rental yield of 9.2%.
Plot Size
HM Land Registry records the plot of land for 8, George Street, Stanley as measuring 193 m2.
That makes it the 6th largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Sold Prices
The most recent sale of 8, George Street, Stanley completed on 25th March 2022 at £42,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.2% over the period since March 2022.
- Sold Mar 2022£42,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, George Street, Stanley have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was 2, Thomas Street, Stanley, DH9 6EE, a freehold house which sold for £50,000.
Read more about house prices in DH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on George Street, Dipton, Stanley, DH9, 8, George Street, Stanley comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the DH9 district.
More reading links
Schools Nearby
- 1.3kmBloemfontein Primary School
- 1.8kmStanley Burnside Primary School
- 2.0kmSt Mary's Catholic Primary School, South Moor
- 2.7kmNorth Durham Academy
- 3.8kmTanfield School
- 4.8kmHermitage Academy
More reading links
Public Transport Nearby
From 8, George Street, Stanley, the nearest station is Chester-le-Street, 5.7 kilometres away.
- 5.7kmChester-le-Street
- 9.7kmDurham
- 11.0kmDunston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
