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Postcode Overview
of DL5 5LR
DL5 5LR is a residential postcode located on Merz Road, Newton Aycliffe, DL5. It is the 912th largest postcode in the DL5 area.
It contains 26 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in DL5 5LR
The average house value is £83,225. Sales values have increased in the last 12 months by 4.1% and Rental values have increased by 12.0%.
Property sale values range from £79,659 for a freehold house, with 2 bedrooms split across 452 square feet of gross internal area and has a garden to £117,271 for a freehold house, with 3 bedrooms split across 914 square feet of gross internal area and has a garden.
Average £/ft2 for properties in DL5 5LR is £170/ft2.
Properties achieve a rental yield of between 7.2% and 7.6%, and rental values range from £501 to £701 per month.
Recent sales
within DL5 5LR
The last sale was 19 Apr 2024 for £90,000 and since then the market in the area as increased by 0.3%. The postcode has had a total of 4 sales since 1995.
DL5 5LR has seen 2 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to DL5 5LR
DL5 5LR is the 912th largest and the 343rd most expensive postcode out of the 1,252 postcodes in the DL5 area.
Property types
in DL5 5LR
DL5 5LR is a residential postcode located on Merz Road, Newton Aycliffe, DL5 with 26 houses within its bounds.
The most common property type in DL5 5LR is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within DL5 5LR
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to DL5 5LR
Public transport nearby
to DL5 5LR
The closest station to DL5 5LR is Newton Aycliffe station which is 1.0 km away.
