2 Market Place

    2, MARKET PLACE, HOUGHTON LE SPRING, DH5 8AH

    This flat/maisonette freehold property on Market Place last sold in March 2024 for £42,000. Based on price growth in the DH5 district since then, its estimated current value is £40,306 — placing it in the 0th percentile nationally and the 3rd percentile within DH5. The property covers 62 m² (667 sq ft), giving an estimated value of £650 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £42,000

    Mar 2024

    Estimated Valuation

    £40,306

    Est. £/sq ft

    £60/sq ft

    £650/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area667 sq ft (62 m²)
    EPC dateJun 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Mar 2024

    £42,000

    31 Aug 2023

    £31,000

    13 Dec 2012

    £21,000

    18 Aug 1997

    £10,000

    Key Metrics

    Estimated valuation£40,306
    Value per sq ft / m²£60/sq ft (£650/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH5 district percentile3rd percentile
    National percentile0th percentile

    District Context — DH5

    DH5 covers parts of County Durham in the North East, situated inland from the coast. It is a primarily working-class area with a mix of established residential communities and industrial heritage.

    Average Property Price - DH5

    £156,472

    3

    National percentile

    Average Net Household Income - DH5

    £32,901

    18

    National percentile

    10-Year Annualised Price Growth - DH5

    1.3%

    5

    National percentile

    10-Year Annualised Rent Growth - DH

    3.1%

    6

    National percentile

    View full analysis for DH5

    More properties in DH5

    Streets in DH5

    Explore nearby