6 Red Banks

    6, RED BANKS, CHESTER LE STREET, CHESTER LE STREET, DH2 2XG

    This semi-detached freehold property on Red Banks last sold in October 1998 for £68,000. Based on price growth in the DH2 district since then, its estimated current value is £221,715 — placing it in the 30th percentile nationally and the 69th percentile within DH2. The property covers 81 m² (872 sq ft), giving an estimated value of £2,737 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £68,000

    Oct 1998

    Estimated Valuation

    £221,715

    Est. £/sq ft

    £254/sq ft

    £2,737/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateJun 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 1998

    £68,000

    27 Nov 1995

    New build

    £59,950

    Key Metrics

    Estimated valuation£221,715
    Value per sq ft / m²£254/sq ft (£2,737/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH2 district percentile69th percentile
    National percentile30th percentile

    District Context — DH2

    DH2 covers Seaham and surrounding coastal and semi-rural areas in County Durham, in the North East of England. It is a traditional working community with a maritime heritage, offering affordable housing and practical living conditions.

    Average Property Price - DH2

    £181,596

    8

    National percentile

    Average Net Household Income - DH2

    £34,395

    28

    National percentile

    10-Year Annualised Price Growth - DH2

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - DH

    3.1%

    6

    National percentile

    View full analysis for DH2

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