1, Bank Yard
1, Bank Yard
Description & Estimates
1, Bank Yard, Richmond is recorded publicly as a period freehold house across 721 ft2 of internal area, sitting on a 36.3 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Bank Yard, Richmond is £144,866 and its rental estimate is £652 per month, given the available information and assuming reasonable condition.
Bank Yard, Richmond, DL10 falls within the DL10 postal district.
Our Data Sources
1, Bank Yard, Richmond has 41 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Bank Yard, Richmond, we estimate a market value of £152,109 and a rental value of £685 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,725 and £606 per month respectively.
Recent Market Change
Over the last year, 1, Bank Yard, Richmond has seen its estimated sale value climb by £1,519 (1.0%) and its estimated rental value rise by £26 per month (4.0%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 1, Bank Yard, Richmond as measuring 36 m2.
Energy Efficiency
1, Bank Yard, Richmond has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Oct 2015.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 1, Bank Yard, Richmond completed on 2nd April 2019 at £127,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 7.8% over the period since April 2019.
- Sold Apr 2019£127,000
- Sold May 2017£90,000
- Sold Dec 2005£104,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Bank Yard, Richmond have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2024, was 29, Hurgill Road, Richmond, DL10 4AR, a freehold house which sold for £160,000.
Read more about house prices in DL10.
- Sold Jul 2024£160,000 | 2 Bed House29, Hurgill Road, Richmond, DL10 4AR29, Hurgill Road, Richmond, DL10 4AR
- Sold Apr 2024£165,000 | 2 Bed HouseCastle Tavern Cottage, Market Place, Richmond, DL10 4HUCastle Tavern Cottage, Market Place, Richmond, DL10 4HU
- Sold Jan 2024£210,000 | 2 Bed House41A, Market Place, Richmond, DL10 4QL41A, Market Place, Richmond, DL10 4QL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Bank Yard, Richmond, DL10, 1, Bank Yard, Richmond comes out as the largest and the most expensive in our analysis of the public data.
It is also £98k less expensive than the average property across the DL10 district.
More reading links
Schools Nearby
- 800mTrinity Academy Richmond
- 1.3kmRichmond Methodist Primary School
- 1.4kmSt Mary's Catholic Primary School - a Catholic voluntary academy
- 1.0kmRichmond School & Sixth Form College
- 1.5kmSt Francis Xavier School - a Joint Catholic and Church of England Voluntary Academy
- 3.2kmRisedale School
More reading links
Public Transport Nearby
From 1, Bank Yard, Richmond, the nearest station is Darlington, 18.0 kilometres away.
- 18.0kmDarlington
- 19.0kmNorth Road (Darlington)
- 20.8kmNorthallerton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
