According to the public record, 2, Pike Purse Lane, Richmond is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pike Purse Lane, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
2, Pike Purse Lane, Richmond has 31 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Pike Purse Lane Richmond as £273,807 and the rental value as £1,125 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Pike Purse Lane Richmond has increased by £1,668 (0.6%) and its rental value has increased by £30 per month (2.7%).
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 2, Pike Purse Lane, Richmond is in very good condition we estimate a sale value of £287,498 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,641 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £273,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,346 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 data from HM Land Registry, 2, Pike Purse Lane, Richmond sits on a plot of 245m2.
We have plot size data on 20 out of 43 other houses in the postcode and 2, Pike Purse Lane, Richmond sits on the 15th largest plot.
According to HM Land Registry, 2, Pike Purse Lane, Richmond was last sold on 28 Jan 2022 for £272,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pike Purse Lane, Richmond within a radius of 740 metres over the last 2 years.
The most recent example is 13, Pike Purse Lane, Richmond, DL10 4PS, a Freehold house which sold for £250,000 in Mar 2024.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pike Purse Lane, Richmond, DL10 has a total of 43 addresses. According to our analysis of all the public data, 2, Pike Purse Lane, Richmond is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in DL10.
2, Pike Purse Lane, Richmond has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Pike Purse Lane, Richmond is Darlington station which is 17.0 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 2, Pike Purse Lane, Richmond, 48.7% of property is privately owned outright and 28.3% is privately owned with a mortgage.
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 2, Pike Purse Lane, Richmond, 13.7% of residents are recorded as possessing school level qualifications and 40.6% 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 2, Pike Purse Lane, Richmond, the average age was 47.6 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber 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 2, Pike Purse Lane, Richmond, 1.1% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 2, Pike Purse Lane, Richmond, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.