According to the public record, 17, Melbeck Drive, Chester Le Street is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,019 ft2 of internal area and sits on a 232 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Melbeck Drive, Ouston, Chester Le Street, DH2 is located within the DH2 postal district.
17, Melbeck Drive, Chester Le Street has 31 entries in the Land Registry database, most recently in August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 17 Melbeck Drive Chester Le Street as £179,946 and the rental value as £1,048 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 17 Melbeck Drive Chester Le Street has decreased by £83 (0.0%) and its rental value has increased by £92 per month (8.8%).
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 17, Melbeck Drive, Chester Le Street is in very good condition we estimate a sale value of £188,943 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,349 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £179,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £884 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, 17, Melbeck Drive, Chester Le Street sits on a plot of 232m2.
We have plot size data on 28 out of 30 other houses in the postcode and 17, Melbeck Drive, Chester Le Street sits on the 9th largest plot.
According to HM Land Registry, 17, Melbeck Drive, Chester Le Street was last sold on 22 Aug 2008 for £155,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Aug 2008, the market for similar properties has risen 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Melbeck Drive, Chester Le Street within a radius of 920 metres over the last 2 years.
The most recent example is 2, Melbeck Drive, Chester Le Street, DH2 1TL, a Leasehold house which sold for £170,126 in May 2018.
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, 17, Melbeck Drive, Chester Le Street is the 28th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in DH2.
The closest station to 17, Melbeck Drive, Chester Le Street is Chester-le-Street station which is 4.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, 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 17, 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 17, 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 17, 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 17, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.