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Company No. 11113204
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According to the public record, 2, Springfield Park, Durham is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 618 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Springfield Park, Durham is £367,803 and the estimated rental value is £1,571 per month.
Springfield Park, Durham, DH1 is located within the DH1 postal district.
2, Springfield Park, Durham has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Springfield Park, Durham is in very good condition we estimate a sale value of £386,193 and a rental value of £1,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,057 and a rental value of £1,461 per month.
Over the last 12 months the sale value of 2 Springfield Park Durham has increased by an estimated £1,172 (0.3%) and its rental value has increased by an estimated £52 per month (3.3%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 2, Springfield Park, Durham sits on a plot of 618m2.
We have plot size data on 29 out of 30 other houses in the postcode and 2, Springfield Park, Durham sits on the 7th largest plot.
2, Springfield Park, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 May 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Warm air, mains gas.
According to HM Land Registry, 2, Springfield Park, Durham was last sold on 13th July 2018 for £317,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2018, the market for similar properties has dropped 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Park, Durham within a radius of 990 metres over the last 2 years.
The most recent example is 21, Springfield Park, Durham, DH1 4LS, a freehold house which sold for £390,000 on the 8th January 2024.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Park, Durham, DH1 has a total of 30 addresses. According to our analysis of all the public data, 2, Springfield Park, Durham is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in DH1.
The closest station to 2, Springfield Park, Durham is Durham station which is 900 metres 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, Springfield Park, Durham, 52.3% of property is privately owned outright and 39.1% 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, Springfield Park, Durham, 23.4% of residents are recorded as possessing school level qualifications and 66.8% 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, Springfield Park, Durham, the average age was 36 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, Springfield Park, Durham, 0.6% 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, Springfield Park, Durham, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
