4 Cherry Banks

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

    This detached freehold property on Cherry Banks last sold in March 2018 for £172,000. Based on price growth in the DH3 district since then, its estimated current value is £201,899 — placing it in the 25th percentile nationally and the 53rd percentile within DH3. The property covers 87 m² (936 sq ft), giving an estimated value of £2,321 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £172,000

    Mar 2018

    Estimated Valuation

    £201,899

    Est. £/sq ft

    £216/sq ft

    £2,321/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area936 sq ft (87 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Mar 2018

    £172,000

    29 Sept 2003

    £155,000

    Key Metrics

    Estimated valuation£201,899
    Value per sq ft / m²£216/sq ft (£2,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile53rd percentile
    National percentile25th 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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