37 Melville Street

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

    This terraced freehold property on Melville Street last sold in July 2016 for £44,000. Based on price growth in the DH3 district since then, its estimated current value is £61,613 — placing it in the 0th percentile nationally and the 3rd percentile within DH3. The property covers 89 m² (958 sq ft), giving an estimated value of £692 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £44,000

    Jul 2016

    Estimated Valuation

    £61,613

    Est. £/sq ft

    £64/sq ft

    £692/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateNov 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2016

    £44,000

    Key Metrics

    Estimated valuation£61,613
    Value per sq ft / m²£64/sq ft (£692/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile3rd percentile
    National percentile0th 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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