62 BESSEMER STREET
Recent sale
£62k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
24 Bessemer Street, Ferryhill, DL17 8NJ
UPRN:100110469399Mid Terrace House2 bedsBuilt 1930-1949
FreeholdCouncil Tax: Band AEPC: C (70)
Data freshness:Listing· freshListing: fresh, refreshed 5d ago (2026-10-19T04:00:02.130848+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:15:03.104769+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated 2 days ago
£47,000
Estimated value
Range: £43k - £52k|Last sold: -- (-)
Estimate of £47k for this mid terrace house. 251 sales in DL17 in the last 12 months; median £84k.
Estimate confidence
Medium confidence
Value History
Current estimate
£47k
£43k - £52k - Medium confidence
Annualised (CAGR)
+6.26%
Over the full window
Peak estimate
£57k
Oct 2024
From peak
-17.54%
Drawdown from peak
AVM estimate (model)Repeat-sales index - DL17 district (quarterly)index YoY +4.18%
Growth by window
3m
+2.17%
6m
+4.44%
12m
-6.00%
24m
-17.54%
60m
+14.63%
Rental Market
Estimated rent (pcm)
£400
/ month
Gross yield
10.67%
Rent ÷ asking price
Net yield
7.39%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£84k
DL17 sales, last 12 months
12m Price Growth
-19.7%
DL17 median, Land Registry
Days on Market
110d
DL17 average
Sales & Yield
3 metricsTransactions / 12m
251
DL17 sales
Area Gross Yield
2.38%
DL17 medians
Last Sold
-
-
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£45,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£2,250
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£49,350
Funding
- Deposit (25%)£11,250
- Mortgage (75% LTV)£33,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£15,600
Monthly Returns
- Monthly Rent (estimate)£400
- Mortgage Payment (IO)-£148
- Management (10%)-£40
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£112
Capital Returns
- 5yr Property Value£65,176
- 5yr Capital Gain (7.69% pa, historical)+£20,176
- 5yr Cumulative Rent (net)+£16,483
- Less mortgage interest-£8,880
- 5yr Total Return+£27,780
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £48,460 | £14,710 | +£1,344 | +£4,804 | 30.8% |
| Year 2 | £52,187 | £18,437 | +£2,772 | +£9,959 | 63.8% |
| Year 3 | £56,200 | £22,450 | +£4,286 | +£15,486 | 99.3% |
| Year 4 | £60,522 | £26,772 | +£5,900 | +£21,422 | 137.3% |
| Year 5 | £65,176 | £31,426 | +£7,603 | +£27,780 | 178.1% |
Modelled on the live asking price. Capital growth 7.69% a year is the DL17 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£15,600).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
42 BESSEMER STREET
Recent sale
£40k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
27 BESSEMER STREET
Recent sale
£65k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
11 BESSEMER STREET
Recent sale
£45k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£29,718
Median earnings (local authority)
Signal
1,225
Population
Signal
7.4%
Households Deprived