Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 8, The Paddock, Durham is a mid-century freehold house with 2,195 ft2 of internal area and sits on a 1,838 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, The Paddock, Durham is £654,838 and the estimated rental value is £2,862 per month.
The Paddock, Lanchester, Durham, DH7 is located within the DH7 postal district.
8, The Paddock, Durham has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated June 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.
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, The Paddock, Durham is in very good condition we estimate a sale value of £687,580 and a rental value of £3,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,000 and a rental value of £2,661 per month.
Over the last 12 months the sale value of 8 The Paddock Durham has decreased by an estimated £3,051 (0.5%) and its rental value has increased by an estimated £68 per month (2.4%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 8, The Paddock, Durham sits on a plot of 1838m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, The Paddock, Durham sits on the largest plot.
8, The Paddock, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, The Paddock, Durham was last sold on 9th October 2020 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Paddock, Durham within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 6, St. Bedes Court, Durham, DH7 0RX, a freehold house which sold for £432,500 on the 10th February 2022.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Lanchester, Durham, DH7 has a total of 10 addresses. According to our analysis of all the public data, 8, The Paddock, Durham is the largest and the most expensive property on the street.
When compared to the postcode district it is £497k more expensive than the average property in DH7.
The closest station to 8, The Paddock, Durham is Durham station which is 11.4 kilometres 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, The Paddock, Durham, 58.3% of property is privately owned outright and 34.7% 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, The Paddock, Durham, 12.2% of residents are recorded as possessing school level qualifications and 48.0% 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, The Paddock, Durham, the average age was 46 and the most common age was 57.
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, The Paddock, Durham, 2.0% 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, The Paddock, Durham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
