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Company No. 11113204
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According to the public record, 8, Grays Terrace, Durham is a period house with 807 ft2 of internal area and sits on a 59.9 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 8, Grays Terrace, Durham is £228,053 and the estimated rental value is £1,322 per month.
Grays Terrace, Durham, DH1 is located within the DH1 postal district.
8, Grays Terrace, Durham has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Grays Terrace, Durham is in very good condition we estimate a sale value of £239,456 and a rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,089 and a rental value of £1,230 per month.
Over the last 12 months the sale value of 8 Grays Terrace Durham has decreased by an estimated £3,292 (1.4%) and its rental value has increased by an estimated £38 per month (2.9%), giving an expected gross yield of 7%.
According to data from HM Land Registry, 8, Grays Terrace, Durham sits on a plot of 60m2.
We have plot size data on 13 out of 13 other houses in the postcode and 8, Grays Terrace, Durham sits on the 12th largest plot.
8, Grays Terrace, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Grays Terrace, Durham within a radius of 680 metres over the last 2 years.
The most recent example is 17, Mistletoe Street, Durham, DH1 4EP, a freehold house which sold for £275,000 on the 9th November 2022.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grays Terrace, Durham, DH1 has a total of 13 addresses. According to our analysis of all the public data, 8, Grays Terrace, Durham is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in DH1.
The closest station to 8, Grays Terrace, Durham is Durham station which is 700 metres 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 8, Grays Terrace, Durham, 44.9% of property is privately owned outright and 28.5% is privately 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 8, Grays Terrace, Durham, 32.7% of residents are recorded as possessing school level qualifications and 68.2% 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 8, Grays Terrace, 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, Grays Terrace, Durham, 1.6% 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, Grays Terrace, Durham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
