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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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Wellfield, Durham is recorded publicly as a period freehold house across 2,185 ft2 of internal area, sitting on a 418 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Wellfield, Durham is £461,531 and its rental estimate is £2,018 per month, given the available information and assuming reasonable condition.
Sunderland Bridge, Durham, DH6 falls within the DH6 postal district.
Wellfield, Durham has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated May 2020.
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.
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 Wellfield, Durham, we estimate a market value of £484,608 and a rental value of £2,119 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £429,224 and £1,877 per month respectively.
Over the last year, Wellfield, Durham has seen its estimated sale value decrease by £4,582 (1.0%) and its estimated rental value grow by £34 per month (1.7%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for Wellfield, Durham as measuring 418 m2.
That makes it the 3rd largest plot in the postcode, where 5 of the 12 other houses have recorded plot data.
Wellfield, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Wellfield, Durham completed on 25th June 2020 at £370,000 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 18.8% over the period since June 2020.
Over the past 2 years 3 properties similar to Wellfield, Durham have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was High Grange Farm, West Street, Durham, DH6 5LS, a freehold house which sold for £525,000.
Read more about house prices in DH6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 42 addresses on Sunderland Bridge, Durham, DH6, Wellfield, Durham comes out as the 4th largest and the 8th most expensive in our analysis of the public data.
It is also £325k more expensive than the average property across the DH6 district.
From Wellfield, Durham, the nearest station is Durham, 5.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Wellfield, Durham, 45.2% of property is privately owned outright and 27.4% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Wellfield, Durham, 14.2% of residents are recorded as possessing school level qualifications and 49.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Wellfield, Durham, the average age was 43.4 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Wellfield, Durham, 2.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Wellfield, Durham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
