According to the public record, 120, Melbeck Drive, Chester Le Street is a modern freehold house with 516 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Melbeck Drive, Ouston, Chester Le Street, DH2 is located within the DH2 postal district.
120, Melbeck Drive, Chester Le Street has 41 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 120 Melbeck Drive Chester Le Street as £134,937 and the rental value as £839 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 120 Melbeck Drive Chester Le Street has increased by £949 (0.7%) and its rental value has increased by £80 per month (9.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 120, Melbeck Drive, Chester Le Street is in very good condition we estimate a sale value of £141,684 and rental value of £881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,491 and a rental value of £781 per month.
If you were able to purchase this property for the estimated value of £134,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 120, Melbeck Drive, Chester Le Street sits on a plot of 257m2.
We have plot size data on 27 out of 29 other houses in the postcode and 120, Melbeck Drive, Chester Le Street sits on the 14th largest plot.
According to HM Land Registry, 120, Melbeck Drive, Chester Le Street was last sold on 14 Jan 2022 for £172,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2022, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Melbeck Drive, Chester Le Street within a radius of 860 metres over the last 2 years.
The most recent example is 36, Melbeck Drive, Chester Le Street, DH2 1TY, a Leasehold house which sold for £120,000 in Aug 2022.
Read more about house prices in DH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbeck Drive, Ouston, Chester Le Street, DH2 has a total of 83 addresses. According to our analysis of all the public data, 120, Melbeck Drive, Chester Le Street is the 82nd largest and the 78th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in DH2.
120, Melbeck Drive, Chester Le Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 120, Melbeck Drive, Chester Le Street is Chester-le-Street station which is 4.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 120, Melbeck Drive, Chester Le Street, 44.7% of property is privately owned outright and 40.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 120, Melbeck Drive, Chester Le Street, 14.1% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 120, Melbeck Drive, Chester Le Street, the average age was 46 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 120, Melbeck Drive, Chester Le Street, 2.0% 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 120, Melbeck Drive, Chester Le Street, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.