Our Data Sources
Observatory House, Durham has a single entry in the Land Registry from April 2019 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Observatory House, Durham would be worth £974,398, with a potential rental value of £2,648 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £863,038, with a rental value of £2,345 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
Observatory House, Durham occupies a 3,939 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
Observatory House, Durham last changed hands on 12th April 2019, selling for £1,560,000. 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 11.8% since April 2019.
- Sold Apr 2019£1,560,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 26 sales of comparable properties within 920 metres of Observatory House, Durham across the last 2 years.
Most recently, 7, Chevallier Court, Durham, DH1 3RF, a freehold house, sold at £995,000 on the 16th October 2024.
Read more about house prices in DH1.
- Sold Oct 2024£995,000 | 5 Bed House7, Chevallier Court, Durham, DH1 3RF7, Chevallier Court, Durham, DH1 3RF
- Sold Aug 2023£930,000 | 5 Bed House24, Westhouse Avenue, Durham, DH1 4FH24, Westhouse Avenue, Durham, DH1 4FH
- Sold Nov 2021£910,000 | 5 Bed House20, Westhouse Avenue, Durham, DH1 4FH20, Westhouse Avenue, Durham, DH1 4FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Observatory House, Durham as the 21st largest and the 16th most expensive of the 32 addresses on Potters Bank, Durham, DH1.
Against the DH1 postcode district average, it is £670k more expensive than the typical property.
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Schools Nearby
- St Margaret's Church of England Primary School600 m away
- Neville's Cross Primary School and Nursery800 m away
- St Oswald's Church of England Aided Primary and Nursery School1.2 km away
- Durham Johnston Comprehensive School1.5 km away
- St Leonard's Catholic School, Durham1.9 km away
- Framwellgate School Durham3.4 km away
More reading links
Public Transport Nearby
- Durham|1.5 km away
- Chester-le-Street|9.8 km away
- Bishop Auckland|13.4 km away
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.
