8, Laburnum Terrace
8, Laburnum Terrace
Description & Estimates
Public records show 8, Laburnum Terrace, Stanley to be a mid-century freehold house with 925 ft2 of internal area, sitting on a 123 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Laburnum Terrace, Stanley has an estimated sale value of £45,223 and an estimated rental value of £312 per month, assuming reasonable condition and based on the information available.
Laburnum Terrace, Stanley, DH9 lies within the DH9 postal district.
Our Data Sources
8, Laburnum Terrace, Stanley has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated November 2018.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 8, Laburnum Terrace, Stanley would be worth £47,484, with a potential rental value of £328 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £42,057, with a rental value of £290 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Laburnum Terrace, Stanley has moved down by £171 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £9 (3.0%). The property's estimated gross yield is currently 8.3%.
Plot Size
8, Laburnum Terrace, Stanley occupies a 123 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
8, Laburnum Terrace, Stanley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Laburnum Terrace, Stanley last changed hands on 13th March 2020, selling for £34,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 41.7% since March 2020.
- Sold Mar 2020£34,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of 8, Laburnum Terrace, Stanley across the last 2 years.
Most recently, 3, Lumsden Terrace, Stanley, DH9 8EQ, a freehold house, sold at £39,000 on the 22nd July 2024.
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
Our analysis of the public data ranks 8, Laburnum Terrace, Stanley as the 2nd largest and the 2nd most expensive of the 13 addresses on Laburnum Terrace, Stanley, DH9.
Against the DH9 postcode district average, it is £72k less expensive than the typical property.
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Schools Nearby
- 200mCatchgate Primary School
- 1.0kmAnnfield Plain Infant School
- 1.1kmAnnfield Plain Junior School
- 3.1kmTanfield School
- 3.9kmSt Bede's Catholic School and Sixth Form College, Lanchester
- 3.9kmNorth Durham Academy
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 8, Laburnum Terrace, Stanley at 11.0 kilometres away.
- 11.0kmChester-le-Street
- 11.7kmBlaydon
- 11.9kmDunston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
