16 Melville Street

    16, MELVILLE STREET, CHESTER LE STREET, DH3 3JF

    This terraced freehold property on Melville Street last sold in July 2023 for £117,500. Based on price growth in the DH3 district since then, its estimated current value is £122,358 — placing it in the 7th percentile nationally and the 23rd percentile within DH3. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,288 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £117,500

    Jul 2023

    Estimated Valuation

    £122,358

    Est. £/sq ft

    £120/sq ft

    £1,288/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2023

    £117,500

    24 Jul 1998

    £21,000

    Key Metrics

    Estimated valuation£122,358
    Value per sq ft / m²£120/sq ft (£1,288/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile23rd percentile
    National percentile7th percentile

    District Context — DH3

    DH3 covers parts of County Durham in the north-east of England, situated in a historic mining and industrial region. It is a resilient community with strong social ties, characterised by affordability and a mix of family homes and rental properties.

    Average Property Price - DH3

    £207,903

    14

    National percentile

    Average Net Household Income - DH3

    £34,864

    30

    National percentile

    10-Year Annualised Price Growth - DH3

    2.9%

    26

    National percentile

    10-Year Annualised Rent Growth - DH

    3.1%

    6

    National percentile

    View full analysis for DH3

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