Melrose Potters Bank

    MELROSE, POTTERS BANK, DURHAM, DH1 3RR

    This detached freehold property on Potters Bank last sold in May 2022 for £845,000. Based on price growth in the DH1 district since then, its estimated current value is £866,290 — placing it in the 94th percentile nationally and the 99th percentile within DH1. The property covers 341 m² (3,671 sq ft), giving an estimated value of £2,540 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,671 sq ft

    341 m²

    Last Sale Price

    £845,000

    May 2022

    Estimated Valuation

    £866,290

    Est. £/sq ft

    £236/sq ft

    £2,540/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area3,671 sq ft (341 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2022

    £845,000

    28 Jun 2017

    £755,000

    Key Metrics

    Estimated valuation£866,290
    Value per sq ft / m²£236/sq ft (£2,540/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH1 district percentile99th percentile
    National percentile94th percentile

    District Context — DH1

    DH1 covers Durham city centre and its immediate surroundings in County Durham, in the North East of England. It is a mixed community with a significant student population and diverse housing stock, reflecting both its role as a university town and a historic market centre.

    Average Property Price - DH1

    £263,372

    31

    National percentile

    Average Net Household Income - DH1

    £39,986

    58

    National percentile

    10-Year Annualised Price Growth - DH1

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - DH

    3.1%

    6

    National percentile

    View full analysis for DH1

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