5D, The Bank
5D, The Bank
Description & Estimates
According to the public record, 5D, The Bank, Barnard Castle is a modern leasehold apartment with 322 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 5D, The Bank, Barnard Castle is £65,614 and the estimated rental value is £488 per month.
The apartment is within 5, The Bank, Barnard Castle, DL12.
The Bank, Barnard Castle, DL12 is located within the DL12 postal district.
Our Data Sources
5D, The Bank, Barnard Castle has 41 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 5D, The Bank, Barnard Castle is in very good condition we estimate a sale value of £68,895 and a rental value of £513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,021 and a rental value of £454 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5D, The Bank, Barnard Castle has dropped by £1,017 (1.5%), while its estimated rental value has risen by £8 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 8.9%.
Energy Efficiency
5D, The Bank, Barnard Castle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 5D, The Bank, Barnard Castle was last sold on 10th February 2023 for £64,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2023, the market for similar properties has risen by 5.3%.
- Sold Feb 2023£64,500
- Sold Aug 2010£50,000
- Sold Jan 2001£20,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 5D, The Bank, Barnard Castle within a radius of 710 metres over the last 2 years.
The most recent example is 11, The Bank, Barnard Castle, DL12 8PH, a leasehold flat which sold for £150,000 on the 11th August 2022.
Read more about house prices in DL12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Bank, Barnard Castle, DL12 has a total of 62 addresses. According to our analysis of all the public data, 5D, The Bank, Barnard Castle is the 58th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in DL12.
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Schools Nearby
- 300mSt Mary's Catholic Primary School, Barnard Castle
- 800mMontalbo Nursery & Primary School
- 1.0kmGreen Lane Church of England Primary School
- 1.2kmTeesdale School and Sixth Form
- 8.2kmStaindrop Academy
- 19.3kmSt John's Catholic School & Sixth Form College
More reading links
Public Transport Nearby
The closest station to 5D, The Bank, Barnard Castle is Bishop Auckland station, which is 20.4 kilometres away.
- 20.4kmBishop Auckland
- 20.7kmShildon
- 22.9kmHeighington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
