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According to the public record, 40, Caley Rise, Durham is a modern freehold house with 1,905 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Caley Rise, Durham is £498,250 and the estimated rental value is £1,870 per month.
Caley Rise, Pity Me, Durham, DH1 is located within the DH1 postal district.
40, Caley Rise, Durham has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that 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.
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 40, Caley Rise, Durham is in very good condition we estimate a sale value of £523,162 and a rental value of £1,963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,372 and a rental value of £1,739 per month.
Over the last 12 months the sale value of 40 Caley Rise Durham has decreased by an estimated £10,009 (2.0%) and its rental value has increased by an estimated £38 per month (2.0%), giving an expected gross yield of 4.5%.
40, Caley Rise, Durham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Caley Rise, Durham was last sold on 1st December 2022 for £499,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Caley Rise, Durham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 52, Caley Rise, Durham, DH1 5UN, a freehold house which sold for £520,000 on the 28th November 2023.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caley Rise, Pity Me, Durham, DH1 has a total of 53 addresses. According to our analysis of all the public data, 40, Caley Rise, Durham is the 13th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £243k more expensive than the average property in DH1.
The closest station to 40, Caley Rise, Durham is Durham station which is 3.6 kilometres away.
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 40, Caley Rise, Durham, 62.6% of property is privately owned outright and 18.7% 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 40, Caley Rise, Durham, 7.4% of residents are recorded as possessing school level qualifications and 39.4% 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 40, Caley Rise, 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 40, Caley Rise, Durham, 0.0% 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 40, Caley Rise, Durham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.