According to the public record, 1, Statham Place, Darlington is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 926 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Statham Place, Darlington, DL3 is located within the DL3 postal district.
1, Statham Place, Darlington has 21 entries in the Land Registry database, most recently in July 2010 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Statham Place Darlington as £186,004 and the rental value as £966 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 1 Statham Place Darlington has increased by £9,899 (5.3%) and its rental value has increased by £81 per month (8.4%).
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 1, Statham Place, Darlington is in very good condition we estimate a sale value of £195,304 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,984 and a rental value of £899 per month.
If you were able to purchase this property for the estimated value of £186,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £914 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Statham Place, Darlington was last sold on 02 Jul 2010 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Statham Place, Darlington within a radius of 550 metres over the last 2 years.
The most recent example is 6, Verity Rise, Darlington, DL3 0YB, a Freehold house which sold for £184,000 in Oct 2022.
Read more about house prices in DL3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Statham Place, Darlington, DL3 has a total of 11 addresses. According to our analysis of all the public data, 1, Statham Place, Darlington is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in DL3.
The closest station to 1, Statham Place, Darlington is North Road (Darlington) station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Statham Place, Darlington, 55.3% of property is privately owned with a mortgage and 33.3% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Statham Place, Darlington, 17.5% of residents are recorded as possessing school level qualifications and 27.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Statham Place, Darlington, the average age was 41.2 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 1, Statham Place, Darlington, 0.7% 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 1, Statham Place, Darlington, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.