Sold Terraced

26 REDMIRES CLOSE

CHESTER LE STREET, OUSTON, COUNTY DURHAM DH2 1SB

3 beds 73 m² Listed 11 Jun 2008 (-6613d)

£105,000

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Property details

Floor area

73 m²

EPC rating

C

Last sold

£100,000 Apr 2025

Price per m²

£1,438/m²

Local average

£115,938 (-9.4%)

Deprivation

Decile 7 (22,635 of 33,755)

Street crime

62 incidents within 1 mile (May 2026)

Key features

  • Three bedrooms
  • Rear garden
  • Garage
  • Gas central heating
  • Terraced house

Additional details

Parking
Yes
Garden
Yes

Description

BUILDERS PART EXCHANGE - HUGE REDUCTION WAS £124,950 NOW £105,000 !! Occupying a pleasant position at the end of this popular cul-de-sac, Robinsons are delighted to offer for sale this improved and extended mid link family home. The property offers a modern & practical living space which would suit a wide range of buyers or offer an opportunity for a rental investor. The property is warmed by GCH and has been installed with uPVC double glazing throughout thus improving energy efficiency and making the property more economical to manage. The floor plan briefly comprises entrance vestibule, spacious lounge with feature fire, kitchen/dining area and the added bonus of a conservatory overlooking the rear garden. At first floor level there are three good size bedrooms and a family bathroom with a refitted three piece white suite. Externally there are gardens to front and rear & garage located in a nearby block. EARLY VIEWING ESSENTIAL TO SECURE !!



Dimensions

Bedroom 1:
Bedroom 2:
Bedroom 3:
Reception 1:
Reception 2:
Kitchen:
13'4 x 8'3
9'2 x 8'3
8'6 x 6'
14'8 x 15'11
11'7 x 8'11
14'8 x 8'5

Listed by

Chester Le Street

Robinsons

Reference: 18121942

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 28/03/2024

Expiry date: 27/03/2034

Current heating cost: £892/year

Potential heating cost: £827/year

Est. upgrade cost to C: £10,000

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Sold 15/04/2025 (1 year ago) £100,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
38 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £123,250 07/03/2025 Terraced
38 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £123,250 07/03/2025 Terraced
Same street 35 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £250,000 11/12/2024 Semi-detached
Same street 28 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £152,750 08/11/2023 Terraced
Same street 28 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £160,000 28/07/2023 Terraced
Same street 24 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £150,000 16/06/2023 Terraced
35 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £129,999 20/12/2022 Terraced
26 WENSLEY CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SD £140,000 15/09/2022 Terraced
39 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £135,000 12/09/2022 Terraced
Same street 9 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £125,000 09/09/2022 Terraced
15 NORTH VIEW, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1QU £130,000 18/03/2022 Terraced
32 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £112,000 28/01/2022 Terraced
31 PENHILL CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SF £119,000 20/12/2021 Terraced
54 WENSLEY CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SD £39,900 19/11/2021 Terraced
Same street 27 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £110,000 15/10/2021 Terraced
Same street 42 REDMIRES CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SB £270,000 30/09/2021 Detached
49 WENSLEY CLOSE, OUSTON, CHESTER LE STREET, COUNTY DURHAM, DH2 1SD £67,000 24/09/2021 Terraced

Street average: £173,964 (7 sales)

Area average: £111,940 (10 sales)

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: £474/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View DH2 1SB

Nearby

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

Type Name Distance
Shop Bounce Craze 0.0 miles
Bus stop Wensley Close 0.1 miles
Bus stop Penhill Close 0.1 miles
Shop Unknown 0.3 miles
Train station Chester-le-Street 2.2 miles
Train station Dipwood Halt 2.3 miles
Hospital University Hospital of North Durham 6.4 miles
University Ustinov College 6.6 miles
University Newcastle University 6.7 miles
Hospital North End House 6.7 miles

Street-level crime

Category Count
Violence and sexual offences 20
Anti-social behaviour 16
Criminal damage and arson 10
Other crime 7
Public order 3
Burglary 2
Drugs 2
Shoplifting 1
Theft from the person 1
Total incidents 62

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
Ouston Primary School Primary 0.2 miles Good — 18 Oct 2017
St Benet's Catholic Primary School, Ouston Primary 0.2 miles Outstanding — 10 Jan 2012
Pelton Community Primary School Primary 0.6 miles Good — 11 Feb 2015
Roseberry Primary and Nursery School Primary 1.2 miles Good — 28 Apr 2024
Barley Mow Primary School Primary 1.5 miles Good — 11 Dec 2014

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
3 Bed Terraced House, Ouston, DH2 £850/mo 3 0.14 miles OpenRent
3 Bed Terraced House, Institute Terrace West, DH2 £895/mo 3 0.29 miles OpenRent
3 Bed Terraced House, Institute Terrace West, DH2 £795/mo 3 0.3 miles OpenRent

Average rent: £847/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.81%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 9.7%
Cost-to-rent ratio 10.3×
Monthly cashflow £326/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 12.9%
  • 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).