Prospect House, Durham
Prospect House, Durham
Description & Estimates
Public records show Prospect House, Durham to be a period freehold house with 2,045 ft2 of internal area, sitting on a 486 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Prospect House, Durham has an estimated sale value of £219,265 and an estimated rental value of £1,330 per month, assuming reasonable condition and based on the information available.
Dene Terrace, Witton Gilbert, Durham, DH7 lies within the DH7 postal district.
Our Data Sources
Prospect House, Durham has 31 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Prospect House, Durham would be worth £230,228, with a potential rental value of £1,397 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £203,916, with a rental value of £1,237 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 Prospect House, Durham has declined by £2,858 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (2.0%). The property's estimated gross yield is currently 7.3%.
Plot Size
Prospect House, Durham occupies a 486 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Prospect House, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Prospect House, Durham last changed hands on 2nd November 2018, selling for £260,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 15.1% since November 2018.
- Sold Nov 2018£260,000
- Sold May 2012£170,000
- Sold Jun 1998£73,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.6 kilometres of Prospect House, Durham across the last 2 years.
Most recently, Fold Yard, Front Street, Durham, DH7 6SY, a freehold house, sold at £315,000 on the 7th February 2022.
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 Prospect House, Durham as the largest and the most expensive of the 5 addresses on Dene Terrace, Witton Gilbert, Durham, DH7.
Against the DH7 postcode district average, it is £61k more expensive than the typical property.
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Schools Nearby
- 200mWitton Gilbert Primary School
- 1.3kmSacriston Academy
- 1.9kmSt Bede's Catholic Primary School, Sacriston
- 2.6kmDurham Academy
- 3.3kmFramwellgate School Durham
- 3.8kmDurham Johnston Comprehensive School
More reading links
Public Transport Nearby
Durham station is the nearest stop to Prospect House, Durham at 4.5 kilometres away.
- 4.5kmDurham
- 6.6kmChester-le-Street
- 16.1kmDunston
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.
