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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat E, 38, Old Elvet, Durham is a period apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat E, 38, Old Elvet, Durham is £170,583 and the estimated rental value is £1,056 per month.
The apartment is within 38, Old Elvet, Durham, DH1.
Old Elvet, Durham, DH1 is located within the DH1 postal district.
Flat E, 38, Old Elvet, Durham has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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.
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 Flat E, 38, Old Elvet, Durham is in very good condition we estimate a sale value of £179,112 and a rental value of £1,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,642 and a rental value of £982 per month.
Over the last 12 months the sale value of Flat E 38 Old Elvet Durham has decreased by an estimated £1,653 (1.0%) and its rental value has increased by an estimated £21 per month (2.0%), giving an expected gross yield of 7.4%.
Flat E, 38, Old Elvet, Durham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 660 metres radius of Flat E, 38, Old Elvet, Durham over the last 2 years.
The most recent example is 17, Old Elvet, Durham, DH1 3HL, a freehold house which sold for £265,000 on the 2nd February 2023.
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 660 metres radius of Flat E, 38, 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, Flat E, 38, Old Elvet, Durham is the 53rd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in DH1.
The closest station to Flat E, 38, Old Elvet, Durham is Durham station which is 1.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 38, Old Elvet, Durham, 75.0% of property is privately rented and 13.3% is privately owned with a mortgage.
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 Flat E, 38, Old Elvet, Durham, 90.4% of residents are recorded as possessing school level qualifications and 20.1% 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 Flat E, 38, 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 Flat E, 38, Old Elvet, Durham, 0.4% 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 Flat E, 38, Old Elvet, Durham, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
