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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 5, Young Street, Durham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 622 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Young Street, Durham is £81,043 and the estimated rental value is £665 per month.
The apartment is within 5, Young Street, Durham, DH1.
Young Street, Durham, DH1 is located within the DH1 postal district.
5, Young Street, Durham has a single entry in the Land Registry from January 2016 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 1 out of 5 and is considered of low 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 5, Young Street, Durham is in very good condition we estimate a sale value of £85,095 and a rental value of £699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,370 and a rental value of £619 per month.
Over the last 12 months the sale value of 5 Young Street Durham has decreased by an estimated £998 (1.2%) and its rental value has increased by an estimated £20 per month (3.1%), giving an expected gross yield of 9.9%.
According to HM Land Registry, 5, Young Street, Durham was last sold on 15th January 2016 for £73,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2016, the market for similar properties has risen 60.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Young Street, Durham within a radius of 560 metres over the last 2 years.
The most recent example is 5A, Young Street, Durham, DH1 2JU, a leasehold flat which sold for £73,500 on the 15th January 2016.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 560 metres radius of 5, Young Street, Durham over the last 2 years.
Most recently 20, Herons Court, Durham, DH1 2HD, a leasehold house let by North East Property in October 2019.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Young Street, Durham, DH1 has a total of 28 addresses. According to our analysis of all the public data, 5, Young Street, Durham is the 21st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in DH1.
The closest station to 5, Young Street, Durham is Durham station which is 1.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5, Young Street, Durham, 49.7% of property is socially rented and 25.2% is privately rented.
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 5, Young Street, Durham, 34.3% of residents are recorded as possessing school level qualifications and 17.1% 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 5, Young Street, 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 5, Young Street, Durham, 0.8% 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 5, Young Street, Durham, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
