According to the public record, 16, Wear Lodge, Chester Le Street is a mid-century freehold house and with 1,087 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wear Lodge, Chester Le Street, DH3 is located within the DH3 postal district.
16, Wear Lodge, Chester Le Street has 3 entries in the Land Registry database, most recently in September 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Wear Lodge Chester Le Street as £261,244 and the rental value as £1,190 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 16 Wear Lodge Chester Le Street has decreased by £1,936 (0.7%) and its rental value has increased by £100 per month (8.4%).
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 16, Wear Lodge, Chester Le Street is in very good condition we estimate a sale value of £274,306 and rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,957 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £261,244, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,284 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, 16, Wear Lodge, Chester Le Street sits on a plot of 220m2.
We have plot size data on 35 out of 39 other houses in the postcode and 16, Wear Lodge, Chester Le Street sits on the 19th largest plot.
According to HM Land Registry, 16, Wear Lodge, Chester Le Street was last sold on 15 Sep 2021 for £203,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wear Lodge, Chester Le Street within a radius of 62m over the last 2 years.
The most recent example is 41, Wear Lodge, Chester Le Street, DH3 4AP, a Freehold house which sold for £227,000 in Mar 2023.
Read more about house prices in DH3.
Wear Lodge, Chester Le Street, DH3 has a total of 39 addresses. According to our analysis of all the public data, 16, Wear Lodge, Chester Le Street is the 8th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in DH3.
16, Wear Lodge, Chester Le Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2015.
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 16, Wear Lodge, Chester Le Street is Chester-le-Street station which is 1.9 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Wear Lodge, Chester Le Street, 72.9% of property is privately owned outright and 20.9% 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 16, Wear Lodge, Chester Le Street, 10.3% of residents are recorded as possessing school level qualifications and 34.0% 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 16, Wear Lodge, Chester Le Street, the average age was 46.7 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 16, Wear Lodge, Chester Le Street, 0.0% 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 16, Wear Lodge, Chester Le Street, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.