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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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40, Romanby Drive, Darlington is recorded publicly as a modern freehold house across 2,863 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 40, Romanby Drive, Darlington is £678,849 and its rental estimate is £2,750 per month, given the available information and assuming reasonable condition.
Romanby Drive, Darlington, DL3 falls within the DL3 postal district.
40, Romanby Drive, Darlington has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated January 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.
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 40, Romanby Drive, Darlington, we estimate a market value of £712,791 and a rental value of £2,888 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £631,329 and £2,558 per month respectively.
Over the last year, 40, Romanby Drive, Darlington has seen its estimated sale value rise by £10,198 (1.5%) and its estimated rental value move up by £54 per month (2.0%). This results in an estimated gross rental yield of 4.9%.
40, Romanby Drive, Darlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Romanby Drive, Darlington completed on 4th February 2022 at £689,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 29.7% over the period since February 2022.
Over the past 2 years 3 properties similar to 40, Romanby Drive, Darlington have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2022, was 11, Romanby Drive, Darlington, DL3 8EJ, a freehold house which sold for £674,995.
Read more about house prices in DL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Romanby Drive, Darlington, DL3, 40, Romanby Drive, Darlington comes out as the 5th largest and the 8th most expensive in our analysis of the public data.
It is also £492k more expensive than the average property across the DL3 district.
From 40, Romanby Drive, Darlington, the nearest station is Darlington, 2.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Romanby Drive, Darlington, 58.6% of property is privately owned outright and 34.2% 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, Romanby Drive, Darlington, 18.6% of residents are recorded as possessing school level qualifications and 51.9% 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, Romanby Drive, Darlington, the average age was 48.9 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 40, Romanby Drive, Darlington, 1.9% 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, Romanby Drive, Darlington, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
