3 Lancaster Terrace

    3, LANCASTER TERRACE, CHESTER LE STREET, DH3 3NW

    This terraced freehold property on Lancaster Terrace last sold in July 2020 for £120,000. Based on price growth in the DH3 district since then, its estimated current value is £146,464 — placing it in the 12th percentile nationally and the 33rd percentile within DH3. The property covers 83 m² (893 sq ft), giving an estimated value of £1,765 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £120,000

    Jul 2020

    Estimated Valuation

    £146,464

    Est. £/sq ft

    £164/sq ft

    £1,765/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2020

    £120,000

    27 Jul 2018

    £123,750

    15 Nov 2002

    £68,000

    12 Apr 1996

    £45,500

    Key Metrics

    Estimated valuation£146,464
    Value per sq ft / m²£164/sq ft (£1,765/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile33rd percentile
    National percentile12th 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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