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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
4 Priory Court, Houghton Le Spring is described in the public record as a modern apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4 Priory Court, Houghton Le Spring is £102,001 and its rental estimate is £670 per month, given the available information and assuming reasonable condition.
Rainton Gate, Houghton Le Spring, DH4 falls within the DH4 postal district.
4 Priory Court, Houghton Le Spring has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data 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.
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 4 Priory Court, Houghton Le Spring, we estimate a market value of £107,101 and a rental value of £704 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,861 and £623 per month respectively.
Over the last year, 4 Priory Court, Houghton Le Spring has seen its estimated sale value decrease by £1,614 (1.6%) and its estimated rental value grow by £7 per month (1.1%). This results in an estimated gross rental yield of 7.9%.
4 Priory Court, Houghton Le Spring has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 4 Priory Court, Houghton Le Spring have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2023, was 15, Lambton View, Houghton Le Spring, DH4 6QL, a leasehold flat which sold for £85,000.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Rainton Gate, Houghton Le Spring, DH4, 4 Priory Court, Houghton Le Spring comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the DH4 district.
From 4 Priory Court, Houghton Le Spring, the nearest station is Durham, 6.0 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 4 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 4 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 4 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 4 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 4 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.
