According to the public record, 39, Collingsway, Darlington is a modern leasehold apartment and with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Collingsway, Darlington, DL2 is located within the DL2 postal district.
39, Collingsway, Darlington has a single entry in the Land Registry database from September 2022 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 39 Collingsway Darlington as £84,568 and the rental value as £611 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 39 Collingsway Darlington has increased by £3,487 (4.1%) and its rental value has increased by £47 per month (7.6%).
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 39, Collingsway, Darlington is in very good condition we estimate a sale value of £88,796 and rental value of £641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,648 and a rental value of £568 per month.
If you were able to purchase this property for the estimated value of £84,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £416 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, 39, Collingsway, Darlington was last sold on 09 Sep 2022 for £76,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Collingsway, Darlington within a radius of 396m over the last 2 years.
The most recent example is 37, Tillage Green, Darlington, DL2 2GL, a Leasehold flat which sold for £74,000 in Nov 2023.
Read more about house prices in DL2.
Collingsway, Darlington, DL2 has a total of 87 addresses. According to our analysis of all the public data, 39, Collingsway, Darlington is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in DL2.
39, Collingsway, Darlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2022.
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 39, Collingsway, Darlington is North Road (Darlington) station which is 2.6 km 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 39, Collingsway, Darlington, 56.9% of property is privately owned with a mortgage and 25.7% is privately rented.
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 39, Collingsway, Darlington, 28.7% of residents are recorded as possessing school level qualifications and 46.0% 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 39, Collingsway, Darlington, the average age was 42.5 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 39, Collingsway, Darlington, 1.0% 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 39, Collingsway, Darlington, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.