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According to the public record, 40A, Albert Street, Durham is a period freehold house with 645 ft2 of internal area.
Houses 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 40A, Albert Street, Durham is £296,018 and the estimated rental value is £1,197 per month.
Albert Street, Durham, DH1 is located within the DH1 postal district.
40A, Albert Street, Durham has 31 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2021.
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.
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 40A, Albert Street, Durham is in very good condition we estimate a sale value of £310,819 and a rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,297 and a rental value of £1,113 per month.
Over the last 12 months the sale value of 40A Albert Street Durham has decreased by an estimated £4,273 (1.4%) and its rental value has increased by an estimated £35 per month (2.9%), giving an expected gross yield of 4.9%.
40A, Albert Street, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40A, Albert Street, Durham was last sold on 17th December 2021 for £245,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2021, the market for similar properties has dropped 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40A, Albert Street, Durham within a radius of 760 metres over the last 2 years.
The most recent example is 18, Neville Street, Durham, DH1 4EY, a freehold house which sold for £280,500 on the 12th December 2023.
Read more about house prices in DH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Street, Durham, DH1 has a total of 77 addresses. According to our analysis of all the public data, 40A, Albert Street, Durham is the 66th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in DH1.
The closest station to 40A, Albert Street, Durham is Durham station which is 300 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40A, Albert Street, Durham, % of property is and % is .
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 40A, Albert Street, Durham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 40A, Albert Street, Durham, 0.0% 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 40A, Albert Street, Durham, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.