Property valuation - 7 Church Street Villas, Durham, DH1 3DW (2024)

Terraced

2088 sq ft

For sale
Sold Prices
Sales Graph
What To Offer?

241%

PROPERTY VALUATION

£

Last sold: August 2000

INVESTMENT PERFORMANCE

Investment return: N/A

PRICE CHANGE

£494,000

Percentage change: +241%

REFINE VALUATION

Property summary Last updated: 05/06/2024

Last updated: 05/06/2024

7 Church Street Villas, Durham is a terraced house spread over 2,088 square feet, making it one of the largest properties here - it is ranked as the most expensive property* in DH1 3DW, with a valuation of £699,000.

Since it last sold in August 2000 for £205,000, its value has increased by £494,000.

Property valuation - 7 Church Street Villas, Durham, DH1 3DW (1)

Terraced houses across DH1 3 have been selling for £279 per square foot.

This property is currently valued at £334 per square foot.

We expect this property to be in a reasonable condition based on its price per square foot.

8 terraced houses have sold at an average price of £371,000 in DH1 3 over the last 12 months.

  • The latest sale in DH1 3DW went for £360k on 21 Dec 2018.
  • The average property value in this postcode is £447,000.
  • No properties have sold in DH1 3DW over the last 5 years.

Highly desirable area Substantially bigger

Recently sold in the local area

Searching for recent sales near here

241%

This property has increased in price by 241% since it last sold 23 years ago.

56%

This property is 56% more expensive than average in Church Street Villas, DH1 3DW.

Sale history

The most paid for a property in Church Street Villas, DH1 3DW was £360,000 in 2018.

Date Price Change
Today's value* £699,000 241.0%
08 Aug 2000 £205,000 -

The local market - Church Street Villas, DH1 3DW

Why is The Move Market valuation less than my estate agents valuation?

  • Valuations range from £316,000 for a semi-detached house to £699,000 for a 2,088 square foot terraced house.
  • The average price of property in Church Street is £446,750.
  • Expect to pay between £288 and £390 per square foot for a property in Church Street, the average cost per square foot here is £339.
  • Street View
  • Satellite View

What home improvements will add the most value?

Valuation details

5.3%

7 Church Street Villas has increased in price by £494,000 since it last sold in 2000 - this equates to a 5.3% rise each year.

At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 57 out of 100.

On a cost per square foot basis, this property is valued at 1% less than the other houses in this postcode.

PROPERTY VITALS

  • Freehold terraced house
  • 2,088 square feet
  • 44% bigger than the average property in this postcode
  • 56% more expensive than the average here

This property is currently valued at £334 per square foot - the average cost per square foot for this postcode is £339.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £891,000.

SOLD PRICES SALES GRAPH

Essential buying details

  • Built between 1930 and 1949, the property has sold once over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £675k and £723k.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

PropertyValuation
3 Church Street Villas, Durham
£316,000(+274% since 1995)
Property valuation - 7 Church Street Villas, Durham, DH1 3DW (2) 5 Church Street Villas, Durham
4 bed | 1098 sq. ft.
£354,000(+18% since 2018)
Property valuation - 7 Church Street Villas, Durham, DH1 3DW (3) 2 Church Street Villas, Durham
4 bed | 1157 sq. ft.
£418,000(+16% since 2018)
7 Church Street Villas, Durham
2088 sq.ft.
£699,000(+241% since 2000)

VIEW ALL VALUATIONS

Expected property condition

For this property to sell at £699k, we expect this property to be in a similar condition to the neighbouring properties in the road.

At this sale price, this property has a cost per square foot of £334 - this is comparable to the other properties in the road (which have an average cost per square foot coming in at £339).

The property condition is forecast based on the cost per square foot valuation when compared to other properties in the road.

Refurbishment

Property valuation - 7 Church Street Villas, Durham, DH1 3DW (4)

Fully refurbished valuation

£776k

Low end expectation

£831k

High end potential

If 7 Church Street Villas, Durham was previously purchased in a poor state of repair and then refurbished throughout, we would expect it to sit within a new price range starting at £776,000 and possibly fetching up to £831,000.

See how home improvements can increase the value of this property.

Update valuation

How do we calculate valuations?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

What makes a property more desirable?

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

Where do we get our data?

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

Licenses, disclaimers and further notes

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

^ The most recent sale where we have price per square foot data.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.

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Property valuation - 7 Church Street Villas, Durham, DH1 3DW (2024)

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