7 Prospect Terrace

    7, PROSPECT TERRACE, CHESTER LE STREET, DH3 3TN

    This terraced freehold property on Prospect Terrace last sold in February 2022 for £84,000. Based on price growth in the DH3 district since then, its estimated current value is £87,976 — placing it in the 2nd percentile nationally and the 9th percentile within DH3. The property covers 97 m² (1,044 sq ft), giving an estimated value of £907 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £84,000

    Feb 2022

    Estimated Valuation

    £87,976

    Est. £/sq ft

    £84/sq ft

    £907/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateFeb 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Feb 2022

    £84,000

    3 Jun 2005

    £95,000

    28 Mar 2002

    £32,000

    Key Metrics

    Estimated valuation£87,976
    Value per sq ft / m²£84/sq ft (£907/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile9th percentile
    National percentile2nd 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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