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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
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According to the public record, 2, Pickering Place, Durham is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Pickering Place, Durham is £107,038 and the estimated rental value is £823 per month.
Pickering Place, Durham, DH1 is located within the DH1 postal district.
2, Pickering Place, Durham has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that 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, Pickering Place, Durham is in very good condition we estimate a sale value of £112,390 and a rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,545 and a rental value of £765 per month.
Over the last 12 months the sale value of 2 Pickering Place Durham has decreased by an estimated £1,610 (1.5%) and its rental value has increased by an estimated £12 per month (1.4%), giving an expected gross yield of 9.2%.
2, Pickering Place, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Pickering Place, Durham was last sold on 3rd February 2022 for £85,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has risen 94.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pickering Place, Durham within a radius of 680 metres over the last 2 years.
The most recent example is 25, Pickering Place, Durham, DH1 1EG, a leasehold flat which sold for £108,000 on the 17th February 2023.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pickering Place, Durham, DH1 has a total of 27 addresses. According to our analysis of all the public data, 2, Pickering Place, Durham is the largest and the most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in DH1.
The closest station to 2, Pickering Place, Durham is Durham station which is 3.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Pickering Place, Durham, 30.7% of property is privately owned outright and 27.4% is privately owned with a mortgage.
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, Pickering Place, Durham, 22.4% of residents are recorded as possessing school level qualifications and 35.0% 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, Pickering Place, Durham, the average age was 47.7 and the most common age was 72.
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, Pickering Place, 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, Pickering Place, Durham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
