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Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 27, Farrier Close, Durham is £107,115 and its rental estimate is £807 per month, given the available information and assuming reasonable condition.
Farrier Close, Pity Me, Durham, DH1 falls within the DH1 postal district.
27, Farrier Close, Durham has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 27, Farrier Close, Durham, we estimate a market value of £112,471 and a rental value of £847 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,617 and £751 per month respectively.
Over the last year, 27, Farrier Close, Durham has seen its estimated sale value decline by £2,188 (2.0%) and its estimated rental value climb by £18 per month (2.3%). This results in an estimated gross rental yield of 9.0%.
27, Farrier Close, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 27, Farrier Close, Durham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2023, was 10, Farrier Close, Durham, DH1 5XY, a leasehold flat which sold for £97,500.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Farrier Close, Pity Me, Durham, DH1, 27, Farrier Close, Durham comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £148k less expensive than the average property across the DH1 district.
From 27, Farrier Close, Durham, the nearest station is Durham, 2.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 27, Farrier Close, Durham, 36.4% of property is privately rented and 34.9% 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 27, Farrier Close, Durham, 14.0% of residents are recorded as possessing school level qualifications and 49.6% 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 27, Farrier Close, Durham, the average age was 43 and the most common age was 47.
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 27, Farrier Close, Durham, 0.7% 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 27, Farrier Close, 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.