Terraced 2 sales on record

46 GAIRLOCH DRIVE

PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1JA

£138,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Perkinsville Superstore 0.1 miles
Bus stop Bungalows 0.1 miles
Train station Chester-le-Street 1.7 miles
Hospital University Hospital of North Durham 6.0 miles
University Ustinov College 6.1 miles

Property details

Tenure

Freehold

Property type

Terraced

Floor area

99 m²

EPC rating

B

Year built

England and Wales: 1967-1975

Last sold

£138,000 Jan 2026

Price per m²

£1,394/m²

Local average

£115,938 (66 sales)

Street crime

98 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 22/09/2025

Expiry date: 21/09/2035

Current heating cost: £924/year

Potential heating cost: £881/year

Est. upgrade cost to C: £7,825

Recommendations

  • Floor insulation (solid floor) (£5,000 - £10,000)
  • Low energy lighting for all fixed outlets (£300 - £350)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 27/01/2026 £138,000 Terraced +32.7% £138,510 to April 2026 View transaction
Sold 01/12/2017 £104,000 Terraced £146,816 to April 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
14 COURTNEY DRIVE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1JB £94,000 31/03/2023 Terraced
1 BRECON PLACE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1HY £98,500 02/12/2022 Terraced
79 BRECON PLACE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1HX £116,000 17/11/2022 Terraced
22 FRONT STREET, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1QW £80,000 17/11/2022 Terraced
4 FRONT STREET, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1QW £74,000 28/10/2022 Terraced
59 BRECON PLACE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1HX £84,500 27/10/2022 Terraced
4 FRONT STREET, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1QW £75,000 02/09/2022 Terraced
13 COURTNEY DRIVE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1JB £100,000 31/08/2022 Terraced
6 FRONT STREET, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1QW £82,500 18/05/2022 Terraced
30 BRECON PLACE, PELTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1HY £85,000 21/01/2022 Terraced
43 COQUET DRIVE, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1EW £80,000 24/11/2021 Terraced
23 COQUET DRIVE, PERKINSVILLE, CHESTER LE STREET, COUNTY DURHAM, DH2 1EW £170,000 24/08/2021 Terraced

Area average: £94,958 (12 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -7.6%
10y growth 10.2%

House Price Index (HM Land Registry — official index, not sold-price averages): County Durham. Series: Terraced. As of April 2026.

1y (index) 4.8%
5y (index) 25.4%
10y (index) 48.1%

Rental Range

Estimated market rent for County Durham. Low = conservative, Realistic = average, Optimistic = best case.

Low £574/mo
Realistic £638/mo
Optimistic £702/mo

Based on Local Authority from postcode lookup → County Durham.

LHA (30th percentile) floor for Durham: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
4 Bed Semi-Detached House, Ouston Spring Farm, DH2 £1,500/mo 4 0.62 miles OpenRent

Average rent: £1,500/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.09%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 13%
Cost-to-rent ratio 7.7×
Monthly cashflow £782/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 23.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Anti-social behaviour 32
Violence and sexual offences 28
Criminal damage and arson 13
Other crime 7
Public order 5
Burglary 3
Other theft 3
Drugs 2
Shoplifting 2
Vehicle crime 2
Theft from the person 1
Total incidents 98

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Pelton Community Primary School Primary 0.2 miles Good — 11 Feb 2015
St Benet's Catholic Primary School, Ouston Primary 0.4 miles Outstanding — 10 Jan 2012
Ouston Primary School Primary 0.6 miles Good — 18 Oct 2017
Chester-Le-Street CofE (Controlled) Primary School Primary 1.0 miles Good — 14 Oct 2021
Roseberry Primary and Nursery School Primary 1.2 miles Good — 28 Apr 2024

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
24/10/2005 05/09/2005 1
27/12/2004 25/10/2004 5 1
27/12/2004 10/11/2004 8 1