According to the public record, 5, Racecourse Lane, Northallerton is a early-century freehold house with 979 ft2 of internal area and sits on a 336 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Racecourse Lane, Northallerton, DL7 is located in the borough of Hambleton within the DL7 postal district.
5, Racecourse Lane, Northallerton has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated July 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 5 Racecourse Lane Northallerton as £284,923 and the rental value as £1,215 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Racecourse Lane Northallerton has increased by £9,180 (3.2%) and its rental value has increased by £25 per month (2.1%).
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, Racecourse Lane, Northallerton is in very good condition we estimate a sale value of £299,169 and rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,978 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £284,923, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,400 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, Racecourse Lane, Northallerton sits on a plot of 336m2.
We have plot size data on 4 out of 9 other houses in the postcode and 5, Racecourse Lane, Northallerton sits on the 4th largest plot.
According to HM Land Registry, 5, Racecourse Lane, Northallerton was last sold on 30 Sep 2021 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Racecourse Lane, Northallerton within a radius of 580 metres over the last 2 years.
The most recent example is 76, South Parade, Northallerton, DL7 8SL, a Freehold house which sold for £250,000 in May 2022.
Read more about house prices in DL7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racecourse Lane, Northallerton, DL7 has a total of 34 addresses. According to our analysis of all the public data, 5, Racecourse Lane, Northallerton is the 26th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in DL7.
5, Racecourse Lane, Northallerton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 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, Racecourse Lane, Northallerton is Northallerton station which is 300 metres 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, Racecourse Lane, Northallerton, 59.0% of property is privately owned outright and 32.8% 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 5, Racecourse Lane, Northallerton, 14.8% of residents are recorded as possessing school level qualifications and 37.2% 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, Racecourse Lane, Northallerton, the average age was 46.7 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 5, Racecourse Lane, Northallerton, 0.7% 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 5, Racecourse Lane, Northallerton, 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.