Craigmore, Durham
Craigmore, Durham
Description & Estimates
The public record lists Craigmore, Durham as a freehold house sitting on a 1,256 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,821 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Craigmore, Durham has an estimated sale value of £481,781 and an estimated rental value of £2,241 per month, assuming reasonable condition and based on the information available.
Ford Road, Lanchester, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
Craigmore, Durham has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Craigmore, Durham would be worth £505,870, with a potential rental value of £2,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £448,056, with a rental value of £2,084 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 Craigmore, Durham has declined by £4,702 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £50 (2.2%). The property's estimated gross yield is currently 5.6%.
Plot Size
Craigmore, Durham occupies a 1,256 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
Craigmore, Durham last changed hands on 5th March 2007, selling for £500,000. 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 dropped by 6.6% since March 2007.
- Sold Mar 2007£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of Craigmore, Durham across the last 2 years.
Most recently, 15, Lee Hill Court, Durham, DH7 0QE, a freehold house, sold at £454,000 on the 31st August 2023.
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 Craigmore, Durham as the 13th largest and the 9th most expensive of the 35 addresses on Ford Road, Lanchester, Durham, DH7.
Against the DH7 postcode district average, it is £324k more expensive than the typical property.
More reading links
Schools Nearby
- 600mLanchester Endowed Parochial Primary School
- 700mAll Saints' Catholic Primary School, Lanchester
- 2.5kmBurnhope Primary School
- 1.1kmSt Bede's Catholic School and Sixth Form College, Lanchester
- 6.8kmNorth Durham Academy
- 6.9kmTanfield School
More reading links
Public Transport Nearby
Durham station is the nearest stop to Craigmore, Durham at 11.3 kilometres away.
- 11.3kmDurham
- 11.4kmChester-le-Street
- 16.0kmDunston
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.
