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According to the public record, 22B, Eldon Terrace, Ferryhill is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 22B, Eldon Terrace, Ferryhill is £164,048 and the estimated rental value is £1,039 per month.
The apartment is within 22, Eldon Terrace, Ferryhill, DL17.
Eldon Terrace, Ferryhill, DL17 is located within the DL17 postal district.
22B, Eldon Terrace, Ferryhill has a single entry in the Land Registry from November 2008 and a single entry in the EPC database dated September 2021.
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 22B, Eldon Terrace, Ferryhill is in very good condition we estimate a sale value of £172,251 and a rental value of £1,091 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,565 and a rental value of £966 per month.
Over the last 12 months the sale value of 22B Eldon Terrace Ferryhill has decreased by an estimated £2,881 (1.8%) and its rental value has increased by an estimated £31 per month (3.0%), giving an expected gross yield of 7.6%.
22B, Eldon Terrace, Ferryhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 22B, Eldon Terrace, Ferryhill was last sold on 3rd November 2008 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2008, the market for similar properties has dropped 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.2 kilometres radius of 22B, Eldon Terrace, Ferryhill over the last 2 years.
The most recent example is 19, Eldon Terrace, Ferryhill, DL17 0AW, a freehold house which sold for £38,750 on the 16th October 2019.
Read more about house prices in DL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eldon Terrace, Ferryhill, DL17 has a total of 28 addresses. According to our analysis of all the public data, 22B, Eldon Terrace, Ferryhill is the 28th largest and the most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in DL17.
The closest station to 22B, Eldon Terrace, Ferryhill is Newton Aycliffe station which is 8.3 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 22B, Eldon Terrace, Ferryhill, 31.3% of property is privately rented and 28.1% is socially 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 22B, Eldon Terrace, Ferryhill, 17.7% of residents are recorded as possessing school level qualifications and 15.7% 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 22B, Eldon Terrace, 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 22B, Eldon Terrace, Ferryhill, 0.0% 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 22B, Eldon Terrace, Ferryhill, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.