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According to the public record, Apartment 3, 3C, Old Elvet, Durham is a period apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 3, 3C, Old Elvet, Durham is £147,239 and the estimated rental value is £1,024 per month.
The apartment is within 3C, Old Elvet, Durham, DH1.
Old Elvet, Durham, DH1 is located within the DH1 postal district.
Apartment 3, 3C, Old Elvet, Durham has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data 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 Apartment 3, 3C, Old Elvet, Durham is in very good condition we estimate a sale value of £154,601 and a rental value of £1,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,932 and a rental value of £952 per month.
Over the last 12 months the sale value of Apartment 3 3C Old Elvet Durham has decreased by an estimated £2,215 (1.5%) and its rental value has increased by an estimated £15 per month (1.4%), giving an expected gross yield of 8.3%.
Apartment 3, 3C, Old Elvet, Durham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Apartment 3, 3C, Old Elvet, Durham within a radius of 640 metres over the last 2 years.
The most recent example is 37, Claypath Court, Durham, DH1 1QE, a leasehold flat which sold for £153,000 on the 28th June 2022.
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 640 metres radius of Apartment 3, 3C, Old Elvet, 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.
Old Elvet, Durham, DH1 has a total of 69 addresses. According to our analysis of all the public data, Apartment 3, 3C, Old Elvet, Durham is the 33rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in DH1.
The closest station to Apartment 3, 3C, Old Elvet, Durham is Durham station which is 900 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 3, 3C, Old Elvet, Durham, 79.3% of property is privately rented and 9.9% 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 Apartment 3, 3C, Old Elvet, Durham, 87.6% of residents are recorded as possessing school level qualifications and 28.0% 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 Apartment 3, 3C, Old Elvet, 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 Apartment 3, 3C, Old Elvet, 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 Apartment 3, 3C, Old Elvet, Durham, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
