3 The Parade

    3, THE PARADE, CHESTER LE STREET, DH3 3LR

    This terraced freehold property on The Parade last sold in May 2021 for £350,000. Based on price growth in the DH3 district since then, its estimated current value is £423,688 — placing it in the 71st percentile nationally and the 94th percentile within DH3. The property covers 178 m² (1,916 sq ft), giving an estimated value of £2,380 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,916 sq ft

    178 m²

    Last Sale Price

    £350,000

    May 2021

    Estimated Valuation

    £423,688

    Est. £/sq ft

    £221/sq ft

    £2,380/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,916 sq ft (178 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2021

    £350,000

    Key Metrics

    Estimated valuation£423,688
    Value per sq ft / m²£221/sq ft (£2,380/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile94th percentile
    National percentile71st 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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