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Public records show 8, George Street, Durham to be a period freehold house with 1,216 ft2 of internal area, sitting on a 179 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, George Street, Durham has an estimated sale value of £280,413 and an estimated rental value of £1,463 per month, assuming reasonable condition and based on the information available.
George Street, Durham, DH1 lies within the DH1 postal district.
8, George Street, Durham has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated August 2018.
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.
In very good condition, we estimate 8, George Street, Durham would be worth £294,434, with a potential rental value of £1,537 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £260,785, with a rental value of £1,361 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, George Street, Durham has decreased by £4,322 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £38 (2.6%). The property's estimated gross yield is currently 6.3%.
8, George Street, Durham occupies a 179 m2 plot as recorded by HM Land Registry.
All 12 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
8, George Street, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
8, George Street, Durham last changed hands on 8th September 2022, selling for £360,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 25.6% since September 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 8, George Street, Durham across the last 2 years.
Most recently, 10, George Street, Durham, DH1 4PA, a freehold house, sold at £230,000 on the 15th November 2021.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, George Street, Durham as the 4th largest and the 5th most expensive of the 12 addresses on George Street, Durham, DH1.
Against the DH1 postcode district average, it is £26k more expensive than the typical property.
Durham station is the nearest stop to 8, George Street, Durham at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, George Street, Durham, 53.2% of property is privately owned outright and 32.4% 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 8, George Street, Durham, 35.6% of residents are recorded as possessing school level qualifications and 65.3% 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 8, George Street, Durham, the average age was 36 and the most common age was 22.
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 8, George Street, Durham, 1.0% 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 8, George Street, Durham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.