According to the public record, 10, Somerville Court, Darlington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Somerville Court, Darlington, DL1 is located within the DL1 postal district.
10, Somerville Court, Darlington has 21 entries in the Land Registry database, most recently in June 2006 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 10 Somerville Court Darlington as £62,270 and the rental value as £408 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 10 Somerville Court Darlington has increased by £2,524 (4.1%) and its rental value has increased by £26 per month (6.3%).
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 10, Somerville Court, Darlington is in very good condition we estimate a sale value of £65,384 and rental value of £429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,911 and a rental value of £380 per month.
If you were able to purchase this property for the estimated value of £62,270, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £306 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, 10, Somerville Court, Darlington was last sold on 30 Jun 2006 for £84,750 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 10, Somerville Court, Darlington within a radius of 500 metres over the last 2 years.
The most recent example is 3, Somerville Court, Darlington, DL1 2HQ, a Leasehold flat which sold for £59,000 in Dec 2013.
Read more about house prices in DL1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerville Court, Darlington, DL1 has a total of 12 addresses. According to our analysis of all the public data, 10, Somerville Court, Darlington is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in DL1.
The closest station to 10, Somerville Court, Darlington is North Road (Darlington) station which is 1.1 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 10, Somerville Court, Darlington, 46.2% of property is privately owned with a mortgage and 37.0% 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 10, Somerville Court, Darlington, 19.5% of residents are recorded as possessing school level qualifications and 24.6% 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 10, Somerville Court, 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 10, Somerville Court, Darlington, 0.0% 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 10, Somerville Court, Darlington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.