18 Balfour Street

    18, BALFOUR STREET, HOUGHTON LE SPRING, DH5 8BA

    This terraced freehold property on Balfour Street last sold in December 2020 for £35,000. Based on price growth in the DH5 district since then, its estimated current value is £41,217 — placing it in the 0th percentile nationally and the 3rd percentile within DH5. The property covers 85 m² (915 sq ft), giving an estimated value of £485 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £35,000

    Dec 2020

    Estimated Valuation

    £41,217

    Est. £/sq ft

    £45/sq ft

    £485/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Dec 2020

    £35,000

    26 Mar 2002

    £24,350

    Key Metrics

    Estimated valuation£41,217
    Value per sq ft / m²£45/sq ft (£485/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

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