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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2A, Laurel Road, Ferryhill is a mid-century apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Laurel Road, Ferryhill is £68,636 and the estimated rental value is £592 per month.
The apartment is within 2, Laurel Road, Ferryhill, DL17.
Laurel Road, Ferryhill, DL17 is located within the DL17 postal district.
2A, Laurel Road, Ferryhill has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2024.
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 2A, Laurel Road, Ferryhill is in very good condition we estimate a sale value of £72,068 and a rental value of £621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,831 and a rental value of £550 per month.
Over the last 12 months the sale value of 2A Laurel Road Ferryhill has decreased by an estimated £1,670 (2.4%) and its rental value has increased by an estimated £12 per month (2.0%), giving an expected gross yield of 10.3%.
2A, Laurel Road, Ferryhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2024.
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, 2A, Laurel Road, Ferryhill was last sold on 14th December 2001 for £15,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.7 kilometres radius of 2A, Laurel Road, Ferryhill over the last 2 years.
The most recent example is 9, Laburnum Road, Ferryhill, DL17 0DS, a freehold house which sold for £122,999 on the 30th May 2024.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Road, Ferryhill, DL17 has a total of 3 addresses. According to our analysis of all the public data, 2A, Laurel Road, Ferryhill is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in DL17.
The closest station to 2A, Laurel Road, Ferryhill is Newton Aycliffe station which is 7.2 kilometres away.
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 2A, Laurel Road, Ferryhill, 37.3% of property is privately owned outright and 30.5% 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 2A, Laurel Road, Ferryhill, 20.9% of residents are recorded as possessing school level qualifications and 22.4% 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 2A, Laurel Road, Ferryhill, the average age was 42.1 and the most common age was 52.
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 2A, Laurel Road, Ferryhill, 1.4% 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 2A, Laurel Road, Ferryhill, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
