Detached

2 RICHARDSON CLOSE

SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ

£264,950

Location

Property details

Tenure

Freehold

Property type

Detached

Floor area

90 m²

EPC rating

B

Last sold

£264,950 Sep 2022

Price per m²

£2,944/m²

Local average

£271,060 (40 sales)

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: A

Inspection date: 17/05/2023

Current heating cost: £557/year

Potential heating cost: £557/year

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 30/09/2022 £264,950 Detached £281,048 to February 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
10 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £244,950 31/08/2023 Detached
19 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £201,950 16/06/2023 Detached
12 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £214,950 30/05/2023 Detached
14 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £244,950 30/11/2022 Detached
20 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £239,950 30/11/2022 Detached
11 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £264,950 28/10/2022 Detached
6 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £239,950 26/08/2022 Detached
5 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £269,950 30/06/2022 Detached
3 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £234,950 30/06/2022 Detached
4 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £254,950 30/06/2022 Detached
1 RICHARDSON CLOSE, SACRISTON, DURHAM, COUNTY DURHAM, DH7 6FQ £204,950 28/06/2022 Detached

Area average: £237,859 (11 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 26.2%
10y growth 30.1%

House Price Index (HM Land Registry — official index, not sold-price averages): North East. Series: Detached. As of February 2026.

1y (index) 3%
5y (index) 21.9%
10y (index) 41.2%

Rental Range

Estimated market rent for North East. Low = conservative, Realistic = average, Optimistic = best case.

Low £698/mo
Realistic £776/mo
Optimistic £854/mo

Based on Postcode area DH → North East.

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 As seen on
2 Bed Terraced House, Mount Pleasant, DH7 £600/mo 2 OpenRent
2 Bed Terraced House, Plawsworth Road, DH7 £600/mo 2 OpenRent
2 Bed Terraced House, Elliot Street, DH7 £650/mo 2 OpenRent

Average rent: £617/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.23%
Max investor price (0.8%) £75,000
Target investor price (1%) £60,000
Gross yield 2.7%
Cost-to-rent ratio 36.8×
Monthly cashflow £-528/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -8.3%
  • 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

Flood zone data is not yet available for this property.

Street-level crime

Crime data is not yet available for this property.

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.