Melrose Warwick Drive

    MELROSE, WARWICK DRIVE, HOUGHTON LE SPRING, DH5 8JR

    This detached freehold property on Warwick Drive last sold in November 2023 for £500,000. Based on price growth in the DH5 district since then, its estimated current value is £507,270 — placing it in the 79th percentile nationally and the 99th percentile within DH5. The property covers 225 m² (2,422 sq ft), giving an estimated value of £2,255 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,422 sq ft

    225 m²

    Last Sale Price

    £500,000

    Nov 2023

    Estimated Valuation

    £507,270

    Est. £/sq ft

    £209/sq ft

    £2,255/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,422 sq ft (225 m²)
    EPC dateJun 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2023

    £500,000

    7 Feb 2003

    £200,000

    22 Jun 2001

    £130,000

    Key Metrics

    Estimated valuation£507,270
    Value per sq ft / m²£209/sq ft (£2,255/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DH5 district percentile99th percentile
    National percentile79th 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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