Flats/Maisonettes 2 sales on record

27 MELDON AVENUE

SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1JY

£80,000

Location

Map view View on Google Maps View on OpenStreetMap Street View DH6 1JY

Nearby

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

Type	Name	Distance
Bus stop	Crossroads	0.1 miles
Shop	Pressed Prom and Bridal	0.2 miles
Train station	Durham	3.2 miles
University	Stephenson College	3.4 miles
Hospital	Sunderland Primary care Trust	10.7 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms (EPC estimate)

Floor area

52 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£80,000 Jan 2026

Price per m²

£1,538/m²

Local average

£64,500 (2 sales)

Street crime

32 incidents within 1 mile (Mar 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 28/02/2024

Current heating cost: £1,045/year

Potential heating cost: £487/year

Est. upgrade cost to C: £1,225

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase loft insulation to 270 mm (£100 - £350)
Cavity wall insulation (£500 - £1,500)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	23/01/2026	£80,000	Flat	+142.4%	£79,053 to February 2026	View transaction
Sold	01/07/2019	£33,000	Flat	—	£40,226 to February 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£80,000
listed	19/09/2025	£80,000
sold	01/01/2024	£70,000
sold	01/01/2019	£33,000

Photos · Open listing

Sold comparables

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

Address	Price	Date	Type
13 MITFORD DRIVE, SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1QS	£55,000	12/08/2022	Flat

Area average: £55,000 (1 sale)

For sale comparables

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

Capital growth trend

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

1y (index) -0.7%

5y (index) 12.2%

10y (index) 26%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: CHIME PROPERTIES LIMITED (05746957)

Rental Range

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

Low £572/mo

Realistic £635/mo

Optimistic £699/mo

Based on Local Authority from postcode lookup → County Durham.

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

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 1-bedroom EPC estimate). Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, West View, DH6	£695/mo	2	0.66 miles	OpenRent
2 Bed Flat, Cheveley Park Shopping Centre, DH1	£1,700/mo	2	1.21 miles	OpenRent

Average rent: £1,198/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.5%

Max investor price (0.8%) £149,750

Target investor price (1%) £119,800

Gross yield 18%

Cost-to-rent ratio 5.6×

Monthly cashflow £738/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 38.2%

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
Violence and sexual offences	11
Anti-social behaviour	7
Criminal damage and arson	4
Other theft	3
Public order	3
Other crime	2
Bicycle theft	1
Shoplifting	1
Total incidents	32

Within 1 mile during Mar 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
Sherburn Primary School	Primary	0.2 miles	Good — 22 Jul 2016
St Thomas More Primary School, Belmont	Primary	1.0 miles	Good — 28 Mar 2023
Pittington Primary School	Primary	1.1 miles	Good — 13 Oct 2011
Belmont Cheveley Park Primary School	Primary	1.2 miles	Good — 9 Jun 2024
Belmont CofE (Controlled) Primary School	Primary	1.3 miles	Good — 28 Nov 2021

FENSA

Window and door installation certificates found for this address.

Issued	Work completed	Windows	Doors
04/10/2010	22/09/2010	—	1

# 27 MELDON AVENUE, SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1JY

## Property details

- Slug: `efc0b24` (address key hash: `efc0b245b32861c7fd1e00fe6cdfce7960c43824`)
- Postcode: DH6 1JY
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms (EPC estimate): 1
- Floor area: 52 m²
- EPC rating: D
- Year built: England and Wales: 1967-1975
- Last sold: £80,000 Jan 2026
- Price per m²: £1,538/m²
- Local average: £64,500 (2 sales)
- Street crime: 32 incidents within 1 mile (Mar 2026)

## Latest sale

- Price: £80,000
- Date: 2026-01-23
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £1,045/year
- **Est. upgrade cost to C:** £1,225

### Recommendations
- A (£100 - £350)
- B (£500 - £1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6500-5481-0222-0323-3243)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-23 | £80,000 | Flat | +142.4% | £79,053 (to February 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673f-0969-d8ea-e063-4704a8c0bf7d) |
| Sold | 2019-07-01 | £33,000 | Flat | — | £40,226 (to February 2026) | [View](http://87.117.209.195:8080/house-prices/8f1b26bd-8905-53db-e053-6c04a8c03649) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 MELDON AVENUE, SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1JY | £80,000 | 23/01/2026 | Flat |
| 27 MELDON AVENUE, SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1JY | £33,000 | 01/07/2019 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [167197088](http://87.117.209.195:8080/listings/4de3197)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £80,000 |
| listed | 2025-09-19 | £80,000 |
| sold | 2024-01-01 | £70,000 |
| sold | 2019-01-01 | £33,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 13 MITFORD DRIVE, SHERBURN VILLAGE, DURHAM, COUNTY DURHAM, DH6 1QS | £55,000 | 12/08/2022 | Flat |

**Area average:** £55,000 (1 sale)

## House Price Index (HM Land Registry)

*Official index for County Durham; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -0.7%
- **5y growth (index):** 12.2%
- **10y growth (index):** 26%

## Rental Range

*ONS Price Index of Private Rents (County Durham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £572/mo
- **Realistic:** £635/mo
- **Optimistic:** £699/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Durham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 1-bedroom EPC estimate). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, West View, DH6 | £695/mo | 2 | 0.66 miles | OpenRent |
| 2 Bed Flat, Cheveley Park Shopping Centre, DH1 | £1,700/mo | 2 | 1.21 miles | OpenRent |

**Average rent: £1,198/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.5% (strong)
- **Max investor price (0.8%):** £149,750
- **Target investor price (1%):** £119,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,198/mo).*

- **Gross yield:** 18%
- **Cost-to-rent:** 5.6×
- **Monthly cashflow:** £738/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 38.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 11 |
| Anti-social behaviour | 7 |
| Criminal damage and arson | 4 |
| Other theft | 3 |
| Public order | 3 |
| Other crime | 2 |
| Bicycle theft | 1 |
| Shoplifting | 1 |
| **Total incidents** | **32** |

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

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Sherburn Primary School | Primary | 0.2 miles | Good — 22 Jul 2016 |
| St Thomas More Primary School, Belmont | Primary | 1.0 miles | Good — 28 Mar 2023 |
| Pittington Primary School | Primary | 1.1 miles | Good — 13 Oct 2011 |
| Belmont Cheveley Park Primary School | Primary | 1.2 miles | Good — 9 Jun 2024 |
| Belmont CofE (Controlled) Primary School | Primary | 1.3 miles | Good — 28 Nov 2021 |

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #7689882
- **Address:** 27 Meldon Avenue, Sherburn Village, DH6 1JY
- **Certificate Issued:** 04/10/2010
- **Work Completed:** 22/09/2010
- **Items:** 1 door(s)