According to the public record, 4, Percy Place, Durham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 947 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Percy Place, Lanchester, Durham, DH7 is located within the DH7 postal district.
4, Percy Place, Durham has a single entry in the Land Registry database from January 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Percy Place Durham as £208,360 and the rental value as £985 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 4 Percy Place Durham has increased by £100 (0.0%) and its rental value has increased by £76 per month (7.7%).
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 4, Percy Place, Durham is in very good condition we estimate a sale value of £218,778 and rental value of £1,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,775 and a rental value of £916 per month.
If you were able to purchase this property for the estimated value of £208,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,024 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 HM Land Registry, 4, Percy Place, Durham was last sold on 27 Jan 2006 for £108,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Percy Place, Durham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 2, Victoria Terrace, Durham, DH7 0JB, a Freehold house which sold for £165,000 in Jul 2023.
Read more about house prices in DH7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Percy Place, Lanchester, Durham, DH7 has a total of 5 addresses. According to our analysis of all the public data, 4, Percy Place, Durham is the largest and the most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in DH7.
The closest station to 4, Percy Place, Durham is Chester-le-Street station which is 11.2 kilometres 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 4, Percy Place, Durham, 58.3% of property is privately owned outright and 34.7% 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 4, Percy Place, Durham, 12.2% of residents are recorded as possessing school level qualifications and 48.0% 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 4, Percy Place, Durham, 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 4, Percy Place, Durham, 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 4, Percy Place, Durham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.