8, Officials Terrace
8, Officials Terrace
Description & Estimates
Public records show 8, Officials Terrace, Durham to be a period freehold house with 1,496 ft2 of internal area, sitting on a 246 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Officials Terrace, Durham has an estimated sale value of £306,719 and an estimated rental value of £1,427 per month, assuming reasonable condition and based on the information available.
Officials Terrace, Malton, Lanchester, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
8, Officials Terrace, Durham has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated July 2015.
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.
Price Range & Condition
In very good condition, we estimate 8, Officials Terrace, Durham would be worth £322,055, with a potential rental value of £1,498 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £285,249, with a rental value of £1,327 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, Officials Terrace, Durham has declined by £2,993 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (2.2%). The property's estimated gross yield is currently 5.6%.
Plot Size
8, Officials Terrace, Durham occupies a 246 m2 plot as recorded by HM Land Registry.
All 13 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
8, Officials Terrace, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2015.
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, Officials Terrace, Durham last changed hands on 28th October 2015, selling for £255,000. 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 21.4% since October 2015.
- Sold Oct 2015£255,000
- Sold Oct 2010£140,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 8, Officials Terrace, Durham across the last 2 years.
Most recently, 6, Officials Terrace, Durham, DH7 0TH, a freehold house, sold at £230,000 on the 19th September 2014.
Read more about house prices in DH7.
•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, Officials Terrace, Durham as the 4th largest and the 4th most expensive of the 13 addresses on Officials Terrace, Malton, Lanchester, Durham, DH7.
Against the DH7 postcode district average, it is £149k more expensive than the typical property.
More reading links
Schools Nearby
- 2.0kmBurnhope Primary School
- 2.1kmLanchester Endowed Parochial Primary School
- 2.3kmAll Saints' Catholic Primary School, Lanchester
- 2.6kmSt Bede's Catholic School and Sixth Form College, Lanchester
- 6.3kmDurham Academy
- 7.1kmNorth Durham Academy
More reading links
Public Transport Nearby
Durham station is the nearest stop to 8, Officials Terrace, Durham at 9.6 kilometres away.
- 9.6kmDurham
- 10.5kmChester-le-Street
- 16.4kmDunston
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
