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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, 5A, Young Street, Durham is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5A, Young Street, Durham is £78,854 and the estimated rental value is £657 per month.
The apartment is within 5, Young Street, Durham, DH1.
Young Street, Durham, DH1 is located within the DH1 postal district.
5A, Young Street, Durham has 41 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated October 2014.
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 5A, Young Street, Durham is in very good condition we estimate a sale value of £82,797 and a rental value of £690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,334 and a rental value of £611 per month.
Over the last 12 months the sale value of 5A Young Street Durham has decreased by an estimated £1,825 (2.3%) and its rental value has increased by an estimated £13 per month (2.0%), giving an expected gross yield of 10%.
5A, Young Street, Durham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5A, Young Street, Durham was last sold on 15th January 2016 for £73,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2016, the market for similar properties has dropped 8.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5A, Young Street, Durham within a radius of 560 metres over the last 2 years.
The most recent example is 10, Young Street, Durham, DH1 2JU, a leasehold flat which sold for £55,000 on the 6th May 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 5A, 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, 5A, Young Street, Durham is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in DH1.
The closest station to 5A, 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 5A, 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 5A, 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 5A, 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 5A, 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 5A, 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.
