According to the public record, 9, Prospect Terrace, Durham is a period freehold house with 828 ft2 of internal area and sits on a 78.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prospect Terrace, New Brancepeth, Durham, DH7 is located within the DH7 postal district.
9, Prospect Terrace, Durham has 21 entries in the Land Registry database, most recently in May 2013 and a single entry in the EPC database dated June 2019.
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 9 Prospect Terrace Durham as £69,554 and the rental value as £498 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 9 Prospect Terrace Durham has increased by £1,162 (1.7%) and its rental value has increased by £50 per month (10.1%).
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 9, Prospect Terrace, Durham is in very good condition we estimate a sale value of £73,032 and rental value of £522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,686 and a rental value of £463 per month.
If you were able to purchase this property for the estimated value of £69,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £342 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, 9, Prospect Terrace, Durham sits on a plot of 78m2.
We have plot size data on 20 out of 30 other houses in the postcode and 9, Prospect Terrace, Durham sits on the 14th largest plot.
According to HM Land Registry, 9, Prospect Terrace, Durham was last sold on 23 May 2013 for £28,450 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2013, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Prospect Terrace, Durham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 21, Cooperative Terrace, Durham, DH7 7HY, a Freehold house which sold for £52,000 in Aug 2023.
Read more about house prices in DH7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Terrace, New Brancepeth, Durham, DH7 has a total of 30 addresses. According to our analysis of all the public data, 9, Prospect Terrace, Durham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in DH7.
9, Prospect Terrace, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2019.
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 9, Prospect Terrace, Durham is Durham station which is 4.6 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 9, Prospect Terrace, Durham, 34.1% of property is privately owned outright and 27.0% is privately rented.
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 9, Prospect Terrace, Durham, 13.8% of residents are recorded as possessing school level qualifications and 24.9% 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 9, Prospect Terrace, Durham, the average age was 41.2 and the most common age was 37.
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 9, Prospect Terrace, Durham, 2.2% 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 9, Prospect Terrace, Durham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.