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According to the public record, 1A, Union Place, Durham is a period Leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, Union Place, Durham is £476,261 and the estimated rental value is £1,706 per month.
The apartment is within 1, Union Place, Durham, DH1.
Union Place, Durham, DH1 is located within the DH1 postal district.
1A, Union Place, Durham has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property 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 1A, Union Place, Durham is in very good condition we estimate a sale value of £500,074 and a rental value of £1,791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,923 and a rental value of £1,586 per month.
Over the last 12 months the sale value of 1A Union Place Durham has decreased by an estimated £2,971 (0.6%) and its rental value has increased by an estimated £40 per month (2.3%), giving an expected gross yield of 4.3%.
1A, Union Place, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1A, Union Place, Durham was last sold on 15th February 2008 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2008, the market for similar properties has dropped 7.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1A, Union Place, Durham within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 12A, Elvet Bridge, Durham, DH1 3AA, a leasehold flat which sold for £505,000 on the 13th August 2024.
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 1 let within a 1.0 kilometres radius of 1A, Union Place, Durham over the last 2 years.
Most recently 76, Hallgarth Street, Durham, DH1 3AY, a freehold house let by North East Property in January 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Place, Durham, DH1 has a total of 4 addresses. According to our analysis of all the public data, 1A, Union Place, Durham is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in DH1.
The closest station to 1A, Union Place, Durham is Durham station which is 1.3 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 1A, Union Place, Durham, 46.8% of property is privately rented and 41.9% 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 1A, Union Place, Durham, 96.5% of residents are recorded as possessing school level qualifications and 11.8% 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 1A, Union Place, Durham, the average age was 26.3 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 1A, Union Place, Durham, 0.5% 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 1A, Union Place, Durham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
