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 Ustinov College 3.6 miles
Hospital North End House 3.6 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

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

28 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 28/02/2024

Expiry date: 27/02/2034

Current heating cost: £1,045/year

Potential heating cost: £487/year

Est. upgrade cost to C: £1,225

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% £79,368 to April 2026 View transaction
Sold 01/07/2019 £33,000 Flat — £40,307 to April 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

Open image 1 from listing 167197088 Open image 2 from listing 167197088 Open image 3 from listing 167197088 Open image 4 from listing 167197088 Open image 5 from listing 167197088 Open image 6 from listing 167197088 Open image 7 from listing 167197088 Open image 8 from listing 167197088 Open image 9 from listing 167197088 Open image 10 from listing 167197088 Open image 11 from listing 167197088 Open image 12 from listing 167197088

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

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

5y growth 69.7%
10y growth 84.3%

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

1y (index) -0.7%
5y (index) 10.2%
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 £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 (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Cheveley Park Shopping Centre, DH1 £1,700/mo 2 1.21 miles OpenRent

Average rent: £1,700/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.13%
Max investor price (0.8%) £212,500
Target investor price (1%) £170,000
Gross yield 25.5%
Cost-to-rent ratio 3.9×
Monthly cashflow £1,190/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 61.5%
  • 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 14
Anti-social behaviour 5
Criminal damage and arson 2
Other crime 2
Shoplifting 2
Burglary 1
Public order 1
Vehicle crime 1
Total incidents 28

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
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