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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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Public records show 3 Priory Court, Houghton Le Spring to be a period leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
3 Priory Court, Houghton Le Spring has an estimated sale value of £101,215 and an estimated rental value of £668 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Rainton Gate, Houghton Le Spring, DH4.
Rainton Gate, Houghton Le Spring, DH4 lies within the DH4 postal district.
3 Priory Court, Houghton Le Spring has a single entry in the Land Registry from June 2013 and a single entry in the EPC database dated June 2012.
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.
In very good condition, we estimate 3 Priory Court, Houghton Le Spring would be worth £106,276, with a potential rental value of £701 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £94,130, with a rental value of £621 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3 Priory Court, Houghton Le Spring has declined by £105 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £16 (2.4%). The property's estimated gross yield is currently 7.9%.
3 Priory Court, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
3 Priory Court, Houghton Le Spring last changed hands on 7th June 2013, selling for £90,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 44.6% since June 2013.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 3 Priory Court, Houghton Le Spring across the last 2 years.
Most recently, 15, Lambton View, Houghton Le Spring, DH4 6QL, a leasehold flat, sold at £85,000 on the 7th June 2023.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3 Priory Court, Houghton Le Spring as the 20th largest and the 20th most expensive of the 21 addresses on Rainton Gate, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £60k less expensive than the typical property.
Durham station is the nearest stop to 3 Priory Court, Houghton Le Spring at 6.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Priory Court, Houghton Le Spring, 38.1% of property is privately owned outright and 31.9% 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 3 Priory Court, Houghton Le Spring, 15.7% of residents are recorded as possessing school level qualifications and 32.7% 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 3 Priory Court, Houghton Le Spring, the average age was 43.8 and the most common age was 57.
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 3 Priory Court, Houghton Le Spring, 1.7% 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 3 Priory Court, Houghton Le Spring, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
