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According to the public record, 266, Finchale Road, Durham is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 266, Finchale Road, Durham is £92,321 and the estimated rental value is £728 per month.
Finchale Road, Durham, DH1 is located within the DH1 postal district.
266, Finchale Road, Durham has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 266, Finchale Road, Durham is in very good condition we estimate a sale value of £96,937 and a rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,858 and a rental value of £677 per month.
Over the last 12 months the sale value of 266 Finchale Road Durham has decreased by an estimated £2,137 (2.3%) and its rental value has increased by an estimated £14 per month (2.0%), giving an expected gross yield of 9.5%.
266, Finchale Road, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 266, Finchale Road, Durham was last sold on 12th July 2024 for £90,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2024, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 266, Finchale Road, Durham within a radius of 880 metres over the last 2 years.
The most recent example is 49, Middleham Road, Durham, DH1 5QH, a leasehold flat which sold for £80,000 on the 13th June 2024.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finchale Road, Durham, DH1 has a total of 107 addresses. According to our analysis of all the public data, 266, Finchale Road, Durham is the 101st largest and the 105th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in DH1.
The closest station to 266, Finchale Road, Durham is Durham station which is 3.1 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 266, Finchale Road, Durham, 61.9% of property is privately owned outright and 29.7% 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 266, Finchale Road, Durham, 10.8% of residents are recorded as possessing school level qualifications and 36.2% 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 266, Finchale Road, Durham, the average age was 46.5 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 266, Finchale Road, Durham, 3.2% 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 266, Finchale Road, Durham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
