According to the public record, 5, Gresham Close, Darlington is a modern freehold house and with 990 ft2 of internal area and sits on a 316 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gresham Close, Darlington, DL1 is located within the DL1 postal district.
5, Gresham Close, Darlington has 31 entries in the Land Registry database, most recently in July 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 5 Gresham Close Darlington as £211,640 and the rental value as £902 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Gresham Close Darlington has increased by £5,958 (2.8%) and its rental value has increased by £45 per month (5.0%).
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 5, Gresham Close, Darlington is in very good condition we estimate a sale value of £222,222 and rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,825 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £211,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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, 5, Gresham Close, Darlington sits on a plot of 316m2.
We have plot size data on 11 out of 31 other houses in the postcode and 5, Gresham Close, Darlington sits on the 7th largest plot.
According to HM Land Registry, 5, Gresham Close, Darlington was last sold on 15 Jul 2022 for £240,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Gresham Close, Darlington within a radius of 139m over the last 2 years.
The most recent example is 6, Peterhouse Close, Darlington, DL1 2YU, a Freehold house which sold for £220,000 in Feb 2021.
Read more about house prices in DL1.
Gresham Close, Darlington, DL1 has a total of 31 addresses. According to our analysis of all the public data, 5, Gresham Close, Darlington is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in DL1.
5, Gresham Close, Darlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 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 5, Gresham Close, Darlington is North Road (Darlington) station which is 900 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 5, Gresham Close, Darlington, 45.6% of property is privately owned with a mortgage and 43.9% 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 5, Gresham Close, Darlington, 19.7% of residents are recorded as possessing school level qualifications and 30.7% 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 5, Gresham 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 5, Gresham Close, Darlington, 2.7% 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 5, Gresham Close, Darlington, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.