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8, St. Giles Close, Durham is recorded publicly as a modern freehold house across 1,259 ft2 of internal area, sitting on a 155 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, St. Giles Close, Durham is £337,749 and its rental estimate is £1,564 per month, given the available information and assuming reasonable condition.
St. Giles Close, Gilesgate, Durham, DH1 falls within the DH1 postal district.
8, St. Giles Close, Durham has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 8, St. Giles Close, Durham, we estimate a market value of £354,636 and a rental value of £1,642 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,106 and £1,454 per month respectively.
Over the last year, 8, St. Giles Close, Durham has seen its estimated sale value decrease by £5,206 (1.5%) and its estimated rental value grow by £40 per month (2.6%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 8, St. Giles Close, Durham as measuring 155 m2.
That makes it the 12th largest plot in the postcode, where all 20 other houses have recorded plot data.
8, St. Giles Close, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, St. Giles Close, Durham completed on 1st June 2023 at £345,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.3% over the period since June 2023.
Over the past 2 years 3 properties similar to 8, St. Giles Close, Durham have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 48, The Sidings, Durham, DH1 1HS, a freehold house which sold for £274,000.
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 640 metres of 8, 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, 8, St. Giles Close, Durham comes out as the 6th largest and the 9th most expensive in our analysis of the public data.
It is also £83k more expensive than the average property across the DH1 district.
From 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.