According to the public record, 3 Welbury Court, Newbiggin, Richmond is a modern leasehold apartment with 1,657 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 3, Newbiggin, Richmond, DL10.
Newbiggin, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
3 Welbury Court, Newbiggin, Richmond has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated March 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 3 Welbury Court Newbiggin Richmond as £308,606 and the rental value as £1,309 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Welbury Court Newbiggin Richmond has increased by £10,646 (3.4%) and its rental value has increased by £73 per month (5.6%).
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 3 Welbury Court, Newbiggin, Richmond is in very good condition we estimate a sale value of £324,036 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,004 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £308,606, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,517 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, 3 Welbury Court, Newbiggin, Richmond was last sold on 30 Nov 2022 for £297,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3 Welbury Court, Newbiggin, Richmond within a radius of 810 metres over the last 2 years.
The most recent example is Apartment 7, The Convent, Reeth Road, Richmond, DL10 4GD, a Leasehold flat which sold for £324,950 in Mar 2022.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newbiggin, Richmond, DL10 has a total of 69 addresses. According to our analysis of all the public data, 3 Welbury Court, Newbiggin, Richmond is the 7th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in DL10.
3 Welbury Court, Newbiggin, Richmond has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 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 3 Welbury Court, Newbiggin, Richmond is Darlington station which is 18.1 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 3 Welbury Court, Newbiggin, Richmond, 42.3% of property is privately rented and 35.9% 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 3 Welbury Court, Newbiggin, Richmond, 8.1% of residents are recorded as possessing school level qualifications and 41.0% 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 3 Welbury Court, Newbiggin, 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 3 Welbury Court, Newbiggin, Richmond, 1.8% 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 3 Welbury Court, Newbiggin, Richmond, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.