1 Merlin Drive

    1, MERLIN DRIVE, CHESTER LE STREET, CHESTER LE STREET, DH3 4BP

    This semi-detached leasehold property on Merlin Drive last sold in September 2005 for £175,000. Based on price growth in the DH3 district since then, its estimated current value is £247,101 — placing it in the 37th percentile nationally and the 67th percentile within DH3. The property covers 79 m² (850 sq ft), giving an estimated value of £3,128 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £175,000

    Sept 2005

    Estimated Valuation

    £247,101

    Est. £/sq ft

    £291/sq ft

    £3,128/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2005

    £175,000

    20 Nov 1998

    £60,000

    Key Metrics

    Estimated valuation£247,101
    Value per sq ft / m²£291/sq ft (£3,128/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH3 district percentile67th percentile
    National percentile37th 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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