7 Red Banks

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

    This terraced freehold property on Red Banks last sold in November 2004 for £147,000. Based on price growth in the DH2 district since then, its estimated current value is £227,130 — placing it in the 31st percentile nationally and the 71st percentile within DH2. The property covers 86 m² (926 sq ft), giving an estimated value of £2,641 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £147,000

    Nov 2004

    Estimated Valuation

    £227,130

    Est. £/sq ft

    £245/sq ft

    £2,641/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateJun 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Nov 2004

    £147,000

    27 Jul 2001

    £79,150

    5 Jun 1998

    £63,500

    8 Dec 1995

    New build

    £59,950

    Key Metrics

    Estimated valuation£227,130
    Value per sq ft / m²£245/sq ft (£2,641/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH2 district percentile71st percentile
    National percentile31st 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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