16 Cherry Banks

    16, CHERRY BANKS, CHESTER LE STREET, DH3 4AX

    This detached freehold property on Cherry Banks last sold in May 2016 for £220,000. Based on price growth in the DH3 district since then, its estimated current value is £294,232 — placing it in the 48th percentile nationally and the 79th percentile within DH3. The property covers 92 m² (990 sq ft), giving an estimated value of £3,198 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £220,000

    May 2016

    Estimated Valuation

    £294,232

    Est. £/sq ft

    £297/sq ft

    £3,198/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 May 2016

    £220,000

    Key Metrics

    Estimated valuation£294,232
    Value per sq ft / m²£297/sq ft (£3,198/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile79th percentile
    National percentile48th 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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