3 Bed Terraced House, Single Let, Durham, DH7 6SF, £120,000

44 Norburn Park, Durham, DH7 6SF - 2 views - 9 months ago

Sold STC
BTL
ROI: 1%
71 m²
+7 photos

ValuationOvervalued

Sold Prices£78K - £405K
Sold Prices/m²£929/m² - £4.4K/m²

 

 

Square Metres

71.38 m²
Price/m²£1.7K/m²

Value Estimate

£104,926

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,950

Total Cash In

£34,950

 

 

Cash Out

 

Rent Range

£450 - £3,200

Rent Estimate

£550

Running Costs/mo

£505

Cashflow/mo

£45

Cashflow/yr

£540

ROI

2%

Gross Yield

6%

Local Sold Prices

45 sold prices from £78K to £405K, average is £132.5K. £929/m² to £4.4K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£120K06/210.05 mi28, Hillside, Witton Gilbert, Durham, County Durham DH7 6RB3
£93K08/210.06 mi112, Norburn Park, Witton Gilbert, Durham, County Durham DH7 6SG3
£97.5K06/230.1 mi11, May Lea, Witton Gilbert, Durham, County Durham DH7 6RH3
£105K04/230.2 mi89, Rose Lea, Witton Gilbert, Durham, County Durham DH7 6RE3
£110K02/230.22 mi5, Fyndoune Way, Witton Gilbert, Durham, County Durham DH7 6RL3
£161K05/230.24 mi8, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£155K06/230.24 mi9, Acorn Croft, Witton Gilbert, Durham, County Durham DH7 6SL3
£190K02/210.38 mi96, Brookside, Witton Gilbert, Durham, County Durham DH7 6RU3
£114K11/200.38 mi6, Chapel Court, Witton Gilbert, Durham DH7 6UD3
£125K03/230.39 mi25, Woodside, Sacriston, Durham, County Durham DH7 6NA3
£405K06/230.39 mi4, Front Street, Witton Gilbert, Durham, County Durham DH7 6SR3
£105K02/210.42 mi60, Valley View, Sacriston, Durham DH7 6NX3
£87.5K07/230.46 mi27, Westwood View, Sacriston, Durham, County Durham DH7 6PA3
£156K12/200.47 mi1, Park View, Witton Gilbert, Durham DH7 6TH3
£195K06/230.47 mi1, Park View, Witton Gilbert, Durham, County Durham DH7 6TH3
£145.5K11/200.6 mi2, Holmesland Villas, Sacriston, Durham DH7 6LT3
£162.5K06/210.62 mi20, Coldingham Court, Sacriston, Durham DH7 6XG3
£158.5K05/210.62 mi6, Coldingham Court, Sacriston, Durham DH7 6XG3
£172K02/230.62 mi4, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£180K04/230.62 mi9, Holmesland Villas, Sacriston, Durham, County Durham DH7 6LT3
£90K03/230.63 mi21, Front Street, Sacriston, Durham, County Durham DH7 6JS3
£120K01/230.66 mi7, Wesley Close, Sacriston, Durham, County Durham DH7 6JG3
£160K07/230.68 mi7, Eastwood, Sacriston, Durham, County Durham DH7 6UR3
£133K02/210.68 mi12, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£160K06/210.68 mi10, St Cuthberts Drive, Sacriston, Durham DH7 6XE3
£118K05/210.69 mi3, Wesley Close, Sacriston, Durham DH7 6JG3
£138K07/210.71 mi100, Holly Crescent, Sacriston, Durham, County Durham DH7 6PT3
£95K11/200.72 mi24, Elliot Street, Sacriston, Durham, County Durham DH7 6JH3
£135K03/230.74 mi47, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PD3
£125K09/210.76 mi12, Newtown Villas, Sacriston, Durham DH7 6HX3
£78K11/200.76 mi1, Derwent Close, Sacriston, Durham, County Durham DH7 6DQ3
£133K04/230.76 mi29, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£80K05/210.77 mi18, Coniston Drive, Sacriston, Durham, County Durham DH7 6DF3
£138.5K04/210.82 mi25, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£105K02/210.82 mi56, Beechwood Close, Sacriston, Durham DH7 6QL3
£91K12/200.82 mi74, Beechwood Close, Sacriston, Durham DH7 6QL3
£132.5K03/210.82 mi23, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£122K03/210.82 mi10, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£165K03/230.82 mi27, Beechwood Close, Sacriston, Durham, County Durham DH7 6QL3
£168K01/230.83 mi68, Plawsworth Road, Sacriston, Durham, County Durham DH7 6PE3
£85K11/200.87 mi5, Morningside, Sacriston, Durham DH7 6JB3
£100K10/200.89 mi27, Parkside, Sacriston, Durham, County Durham DH7 6JU3
£95K09/210.89 mi30, Lingey Close, Sacriston, Durham DH7 6AL3
£246.5K03/210.9 miFour Winds, Kaysburn, Witton Gilbert, Durham DH7 6TJ3
£169.9K02/230.99 mi3, Dene Crescent, Sacriston, Durham, County Durham DH7 6PJ3

Local Rents

50 rents from £450/mo to £3.2K/mo, average is £745/mo.

RentDateDistanceAddressBeds 
£75012/240.22 miFyndoune Way, Witton Gilbert, Durham2
£80012/240.26 miLouisa Terrace, Witton Gilbert, Durham2
£57512/240.28 miDene Court, Witton Gilbert, Durham, DH72
£80012/240.39 miWitton Gilbert , Durham3
£65012/240.4 miWestwood View, Sacriston, DH73
£57509/230.56 mi-3
£65008/240.56 mi-3
£2,80012/240.65 miWellsprings Farm, Hartside, Durham, DH13
£1,30012/240.69 mi-4
£1,30012/240.71 miHolly Crescent, Sacriston, Durham, County Durham, DH74
£3,20004/250.74 mi-4
£65002/250.76 mi-3
£2,97002/250.77 mi-4
£55012/240.8 mi-2
£52512/240.81 miElm Court, Sacriston, Durham, DH71
£65012/240.83 miCharlaw Close, Sacriston, County Durham, DH73
£60004/250.84 mi-3
£60012/240.94 miUphill Drive, Sacriston, Durham, DH72
£2,60012/240.98 miThe Shepherds Hut, Hartside, DH11
£60003/251.04 mi-2
£1,65010/241.1 mi-4
£65012/241.45 mi-3
£57512/241.47 miLime Terrace, Langley Park, Durham, DH7 9SN2
£57512/241.47 miLarch Terrace, Langley Park, Durham, DH72
£2,30004/251.48 mi-4
£62012/231.49 mi-2
£75012/241.49 miPark Drive, Langley Park3
£60012/241.51 miElm Street, Langley Park, Durham, Durham, DH73
£50012/241.58 miRailway Street, Langley Park, DH72
£55012/241.6 miQuebec Street, Langley Park, Durham3
£60003/251.61 mi-2
£67512/241.62 miDurham Street, Langley Park, Durham, County Durham, DH72
£62512/241.63 miIvy Terrace, Langley Park, Durham, DH73
£2,16712/241.7 miEureka Mews, Chester Le Street, DH22
£1,95012/241.7 miEureka Mews, DH21
£1,70012/241.88 mi-3
£1,85001/251.88 mi-3
£2,10004/251.88 mi-3
£65012/241.89 miFarrier Close, Pity Me2
£75012/241.9 miFarrier Close, Pity Me, Durham, DH12
£45004/251.91 mi-2
£89501/251.97 mi-3
£80012/241.98 miAuton Stile, Bearpark, Durham2
£1,79503/252.04 mi-2
£77512/242.07 miVictoria Court, Durham, DH13
£1,12712/242.07 mi-2
£74012/242.08 miMains Court, Framwellgate Moor2
£58512/242.08 miFront Street, Framwellgate Moor7
£80009/232.09 mi-3
£1,25012/242.12 miGrant Close, Ushaw Moor, Durham, DH74

Local Area Statistics

Population in DH7

40,931

Population in Durham

124,445

Town centre distance

3.46 miles away

Nearest school

0.30 miles away

Nearest train station

3.06 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £120,000

January 11, 2025

Listed for £125,000

August 1, 2024

Sold for £99,000

2008

Sold for £39,000

2002

Floor Plans

Description

  • 3 Bedroom Mid Terraced House +
  • Well Presented Thoughout +
  • Gardens Front and Rear +
  • Garage To Rear +
  • Open Aspect to Front +
  • No Chain +

We are delighted to offer for sale this three bedroomed mid terraced home benefitting from gas central heating and double glazing.

Occupying a pleasant position with an open aspect to the front over a communal green area, the property has accommodation comprising: entrance lobby, open plan lounge/dining room with windows to both front and rear, kitchen with a range of floor and wall units and a door to the rear garden. To the first floor there are three bedrooms and a refitted bathroom with a suite comprising low level wc, pedestal wash hand basin, panelled bath with wall mounted shower over. Externally there is a small garden to the front of the property and an attractive garden to the rear predominantly laid to lawn interspersed with flowering shrubs and borders and a small patio area for seating. There is a garage located in a block to the rear.

Norburn Park is a pleasant modern development situated on the outskirts of Witton Gilbert where there are a small range of shopping and recreational facilities and amenities available. A more comprehensive range of shopping and recreational facilities and amenities are available within Durham City Centre which lies approximately 4 miles distant. Witton Gilbert is well placed for commuting purposes as it lies adjacent to the A(691) Highway which provides good road links to other regional centres.

Council Tax band - A.
Utilities: Mains gas, electricity, water (not metered) and sewerage.
Mobile Phone Coverage: Good coverage from O2, EE & Three, limited coverage from Vodafone.
Broadband Estimated speed:
Standard 16 Mbps
Superfast 80 Mbps
Flood Risk: Rivers & Seas - No Risk, Surface Water - Very low.
Covenants: There are standard estate covenants on this property, this can be provided on request.
Mining: Please note this property is situated in a former mining area.

Agent Details

J W Wood, Durham City

0191 625 0838

Next Steps?

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