According to the public record, 22, Redmire Close, Darlington is a modern leasehold apartment and with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Redmire Close, Darlington, DL1 is located within the DL1 postal district.
22, Redmire Close, Darlington has 21 entries in the Land Registry database, most recently in June 2020 and no records in the EPC database.
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 22 Redmire Close Darlington as £83,105 and the rental value as £523 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 22 Redmire Close Darlington has increased by £3,568 (4.3%) and its rental value has increased by £35 per month (6.8%).
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 22, Redmire Close, Darlington is in very good condition we estimate a sale value of £87,260 and rental value of £549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,287 and a rental value of £486 per month.
If you were able to purchase this property for the estimated value of £83,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £408 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, 22, Redmire Close, Darlington was last sold on 26 Jun 2020 for £75,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2020, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Redmire Close, Darlington within a radius of 78m over the last 2 years.
The most recent example is 12, Redmire Close, Darlington, DL1 2ER, a Leasehold flat which sold for £62,000 in Apr 2023.
Read more about house prices in DL1.
Redmire Close, Darlington, DL1 has a total of 68 addresses. According to our analysis of all the public data, 22, Redmire Close, Darlington is the 25th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in DL1.
22, Redmire Close, Darlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 22, Redmire Close, Darlington is North Road (Darlington) station which is 700 m 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 22, Redmire Close, Darlington, 36.8% of property is privately owned with a mortgage and 29.6% 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 22, Redmire Close, Darlington, 15.9% of residents are recorded as possessing school level qualifications and 21.3% 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 22, Redmire Close, 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 22, Redmire Close, Darlington, 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 22, Redmire Close, Darlington, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.