8 Melville Street

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

    This terraced freehold property on Melville Street last sold in June 2015 for £80,000. Based on price growth in the DH3 district since then, its estimated current value is £109,595 — placing it in the 5th percentile nationally and the 17th percentile within DH3. The property covers 86 m² (926 sq ft), giving an estimated value of £1,274 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £80,000

    Jun 2015

    Estimated Valuation

    £109,595

    Est. £/sq ft

    £118/sq ft

    £1,274/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area926 sq ft (86 m²)
    EPC dateFeb 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2015

    £80,000

    12 Mar 2003

    £62,950

    Key Metrics

    Estimated valuation£109,595
    Value per sq ft / m²£118/sq ft (£1,274/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile17th percentile
    National percentile5th 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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