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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, St. Giles Close, Durham appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 675 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, St. Giles Close, Durham is £164,705 and its rental estimate is £1,038 per month, given the available information and assuming reasonable condition.
St. Giles Close, Gilesgate, Durham, DH1 falls within the DH1 postal district.
40, St. Giles Close, Durham has 31 entries in the Land Registry , most recently in December 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, St. Giles Close, Durham, we estimate a market value of £172,940 and a rental value of £1,090 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £153,175 and £966 per month respectively.
Over the last year, 40, St. Giles Close, Durham has seen its estimated sale value fall by £3,812 (2.3%) and its estimated rental value move up by £20 per month (2.0%). This results in an estimated gross rental yield of 7.6%.
The most recent sale of 40, St. Giles Close, Durham completed on 18th December 2018 at £143,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.3% over the period since December 2018.
Over the past 2 years 3 properties similar to 40, St. Giles Close, Durham have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th February 2026, was 42, St. Giles Close, Durham, DH1 1XH, a leasehold flat which sold for £152,500.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 1 let within 660 metres of 40, St. Giles Close, Durham.
The latest, in June 2019, was 56, Musgrave Gardens, Durham, DH1 1PL, a freehold house let by North East Property.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 49 addresses on St. Giles Close, Gilesgate, Durham, DH1, 40, St. Giles Close, Durham comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the DH1 district.
From 40, St. Giles Close, Durham, the nearest station is Durham, 1.5 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, St. Giles Close, Durham, 57.0% of property is privately rented and 24.8% is privately owned outright.
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, St. Giles Close, Durham, 65.7% of residents are recorded as possessing school level qualifications and 36.5% 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, St. Giles Close, Durham, the average age was 36.7 and the most common age was 22.
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, St. Giles Close, Durham, 0.9% 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, St. Giles Close, Durham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
