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
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 Observatory House, Durham, we estimate a market value of £955,463 and a rental value of £2,603 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £846,267 and £2,306 per month respectively.
Plot Size
HM Land Registry records the plot of land for Observatory House, Durham as measuring 3,939 m2.
That makes it the 2nd largest plot in the postcode, where 19 of the 29 other houses have recorded plot data.
Sold Prices
The most recent sale of Observatory House, Durham completed on 12th April 2019 at £1,560,000 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 7.3% over the period since April 2019.
- Sold Apr 2019£1,560,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Observatory House, Durham have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2024, was 7, Chevallier Court, Durham, DH1 3RF, a freehold house which sold for £995,000.
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
Of the 32 addresses on Potters Bank, Durham, DH1, Observatory House, Durham comes out as the 20th largest and the 16th most expensive in our analysis of the public data.
It is also £655k more expensive than the average property across the DH1 district.
More reading links
Schools Nearby
- 600mSt Margaret's Church of England Primary School
- 800mNeville's Cross Primary School and Nursery
- 1.2kmSt Oswald's Church of England Aided Primary and Nursery School
- 1.5kmDurham Johnston Comprehensive School
- 1.9kmSt Leonard's Catholic School, Durham
- 3.4kmFramwellgate School Durham
More reading links
Public Transport Nearby
- 1.5kmDurham
- 9.8kmChester-le-Street
- 13.4kmBishop 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.
