According to the public record, 4, Terrace Lane, Richmond is a modern house with 613 ft2 of internal area and sits on a 314 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Terrace Lane, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
4, Terrace Lane, Richmond has no records in the Land Registry database and a single entry in the EPC database dated October 2013.
We combine this information with public data 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 4 Terrace Lane Richmond as £196,679 and the rental value as £916 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 4 Terrace Lane Richmond has increased by £6,198 (3.2%) and its rental value has increased by £49 per month (5.3%).
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 4, Terrace Lane, Richmond is in very good condition we estimate a sale value of £206,513 and rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,911 and a rental value of £852 per month.
If you were able to purchase this property for the estimated value of £196,679, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £967 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, 4, Terrace Lane, Richmond sits on a plot of 314m2.
We have plot size data on 4 out of 4 other houses in the postcode and 4, Terrace Lane, Richmond sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Terrace Lane, Richmond within a radius of 710 metres over the last 2 years.
The most recent example is 11, Gallowgate, Richmond, DL10 4NA, a Freehold house which sold for £200,250 in Jun 2022.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Terrace Lane, Richmond, DL10 has a total of 4 addresses. According to our analysis of all the public data, 4, Terrace Lane, Richmond is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in DL10.
4, Terrace Lane, Richmond has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Oct 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using electric storage heaters.
The closest station to 4, Terrace Lane, Richmond is Darlington station which is 17.2 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 4, Terrace Lane, Richmond, 56.8% of property is privately owned outright and 26.4% 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 4, Terrace Lane, Richmond, 17.3% of residents are recorded as possessing school level qualifications and 40.9% 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 4, Terrace 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 4, Terrace 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 4, Terrace Lane, Richmond, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.