Mill Cottage, Durham
Mill Cottage, Durham
Description & Estimates
Mill Cottage, Durham is recorded publicly as a period freehold house across 2,142 ft2 of internal area, sitting on a 1,642 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Mill Cottage, Durham is £571,274 and its rental estimate is £2,730 per month, given the available information and assuming reasonable condition.
Wallnook Lane, Langley Park, Durham, DH7 falls within the DH7 postal district.
Our Data Sources
Mill Cottage, Durham has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated October 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Mill Cottage, Durham, we estimate a market value of £599,838 and a rental value of £2,866 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £531,285 and £2,539 per month respectively.
Recent Market Change
Over the last year, Mill Cottage, Durham has seen its estimated sale value move down by £7,446 (1.3%) and its estimated rental value increase by £56 per month (2.0%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for Mill Cottage, Durham as measuring 1,642 m2.
That makes it the largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
Mill Cottage, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Mill Cottage, Durham completed on 25th October 2024 at £560,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 24.6% over the period since October 2024.
- Sold Oct 2024£560,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Mill Cottage, Durham have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2021, was Station House, Old Station Yard, Durham, DH7 9TL, a freehold house which sold for £490,050.
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
Of the 12 addresses on Wallnook Lane, Langley Park, Durham, DH7, Mill Cottage, Durham comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £413k more expensive than the average property across the DH7 district.
More reading links
Schools Nearby
- 700mLangley Park Primary School
- 1.8kmWitton Gilbert Primary School
- 2.3kmEsh CofE (Aided) Primary School
- 2.8kmDurham Academy
- 5.0kmDurham Johnston Comprehensive School
- 5.1kmFramwellgate School Durham
More reading links
Public Transport Nearby
From Mill Cottage, Durham, the nearest station is Durham, 5.9 kilometres away.
- 5.9kmDurham
- 8.1kmChester-le-Street
- 16.1kmBishop Auckland
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
