Penny Bit, Richmond
Penny Bit, Richmond
Description & Estimates
Penny Bit, Richmond is described in the public record as a period house with 2,325 ft2 of internal area, sitting on a 6,645 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Penny Bit, Richmond is £391,925 and its rental estimate is £1,501 per month, given the available information and assuming reasonable condition.
Hutton Magna, Richmond, DL11 falls within the DL11 postal district.
Our Data Sources
Penny Bit, Richmond has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
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.
Price Range & Condition
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 Penny Bit, Richmond, we estimate a market value of £411,522 and a rental value of £1,576 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,490 and £1,396 per month respectively.
Recent Market Change
Over the last year, Penny Bit, Richmond has seen its estimated sale value fall by £802 (0.2%) and its estimated rental value move up by £54 per month (3.6%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for Penny Bit, Richmond as measuring 6,645 m2.
Energy Efficiency
Penny Bit, Richmond has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Penny Bit, Richmond have sold within a radius of 6.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2023, was 15, Hallgarth Court, Richmond, DL11 7RN, a freehold house which sold for £360,000.
Read more about house prices in DL11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Hutton Magna, Richmond, DL11, Penny Bit, Richmond comes out as the 7th largest and the 19th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the DL11 district.
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Schools Nearby
- 5.0kmEppleby Forcett Church of England Primary School
- 5.3kmRavensworth Church of England Primary School
- 5.7kmGainford Church of England Primary School and Preschool
- 7.4kmStaindrop Academy
- 8.2kmTeesdale School and Sixth Form
- 12.6kmSt Francis Xavier School - a Joint Catholic and Church of England Voluntary Academy
More reading links
Public Transport Nearby
From Penny Bit, Richmond, the nearest station is North Road (Darlington), 16.4 kilometres away.
- 16.4kmNorth Road (Darlington)
- 16.7kmDarlington
- 16.8kmShildon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
