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Fold Yard, Durham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,900 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Fold Yard, Durham is £250,940 and its rental estimate is £1,335 per month, given the available information and assuming reasonable condition.
Front Street, Witton Gilbert, Durham, DH7 falls within the DH7 postal district.
Fold Yard, Durham has a single entry in the Land Registry from February 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Fold Yard, Durham, we estimate a market value of £263,487 and a rental value of £1,402 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,374 and £1,241 per month respectively.
Over the last year, Fold Yard, Durham has seen its estimated sale value move down by £2,449 (1.0%) and its estimated rental value increase by £30 per month (2.2%). This results in an estimated gross rental yield of 6.4%.
The most recent sale of Fold Yard, Durham completed on 7th February 2022 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.1% over the period since February 2022.
Over the past 2 years 3 properties similar to Fold Yard, Durham have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2023, was 13, Front Street, Durham, DH7 6SY, a freehold house which sold for £450,000.
Read more about house prices in DH7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Front Street, Witton Gilbert, Durham, DH7, Fold Yard, Durham comes out as the 4th largest and the 16th most expensive in our analysis of the public data.
It is also £93k more expensive than the average property across the DH7 district.
From Fold Yard, Durham, the nearest station is Durham, 4.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Fold Yard, Durham, 36.9% of property is privately owned outright and 34.2% 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 Fold Yard, Durham, 14.4% of residents are recorded as possessing school level qualifications and 45.5% 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 Fold Yard, Durham, the average age was 42.5 and the most common age was 52.
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 Fold Yard, Durham, 1.1% 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 Fold Yard, Durham, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.