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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Gilesgate Close, Durham is a mid-century house with 441 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gilesgate Close, Durham is £163,287 and the estimated rental value is £989 per month.
Gilesgate Close, Durham, DH1 is located within the DH1 postal district.
2, Gilesgate Close, Durham has no records in the the Land Registry and a single entry in the EPC database dated October 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Gilesgate Close, Durham is in very good condition we estimate a sale value of £171,451 and a rental value of £1,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,857 and a rental value of £920 per month.
Over the last 12 months the sale value of 2 Gilesgate Close Durham has increased by an estimated £692 (0.4%) and its rental value has increased by an estimated £33 per month (3.3%), giving an expected gross yield of 7.3%.
2, Gilesgate Close, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Gilesgate Close, Durham within a radius of 680 metres over the last 2 years.
The most recent example is 17, Old Elvet, Durham, DH1 3HL, a freehold house which sold for £265,000 on the 2nd February 2023.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilesgate Close, Durham, DH1 has a total of 3 addresses. According to our analysis of all the public data, 2, Gilesgate Close, Durham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in DH1.
The closest station to 2, Gilesgate Close, Durham is Durham station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gilesgate Close, Durham, 34.8% of property is privately owned outright and 26.3% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Gilesgate Close, Durham, 58.0% of residents are recorded as possessing school level qualifications and 45.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Gilesgate Close, Durham, the average age was 26.3 and the most common age was 22.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Gilesgate Close, Durham, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Gilesgate Close, Durham, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
