Wesley House The Old Methodist Chapel Ernest Place

    WESLEY HOUSE THE OLD METHODIST CHAPEL, ERNEST PLACE, DURHAM, DURHAM, DH1 2JD

    This detached freehold property on Ernest Place last sold in May 2003 for £160,000. Based on price growth in the DH1 district since then, its estimated current value is £316,183 — placing it in the 53rd percentile nationally and the 71st percentile within DH1. The property covers 144 m² (1,550 sq ft), giving an estimated value of £2,196 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £160,000

    May 2003

    Estimated Valuation

    £316,183

    Est. £/sq ft

    £204/sq ft

    £2,196/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,550 sq ft (144 m²)
    EPC dateOct 2018
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2003

    £160,000

    Key Metrics

    Estimated valuation£316,183
    Value per sq ft / m²£204/sq ft (£2,196/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH1 district percentile71st percentile
    National percentile53rd 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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