According to the public record, 50, Wales Street, Darlington is a period freehold house and with 1,044 ft2 of internal area and sits on a 98.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wales Street, Darlington, DL3 is located within the DL3 postal district.
50, Wales Street, Darlington has 21 entries in the Land Registry database, most recently in December 2021 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 50 Wales Street Darlington as £86,105 and the rental value as £559 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 50 Wales Street Darlington has increased by £5,954 (6.9%) and its rental value has increased by £56 per month (10.0%).
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 50, Wales Street, Darlington is in very good condition we estimate a sale value of £90,410 and rental value of £587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,078 and a rental value of £520 per month.
If you were able to purchase this property for the estimated value of £86,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £423 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, 50, Wales Street, Darlington sits on a plot of 98m2.
We have plot size data on 35 out of 51 other houses in the postcode and 50, Wales Street, Darlington sits on the 22nd largest plot.
According to HM Land Registry, 50, Wales Street, Darlington was last sold on 20 Dec 2021 for £55,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Wales Street, Darlington within a radius of 60m over the last 2 years.
The most recent example is 22, Wales Street, Darlington, DL3 0LT, a Freehold house which sold for £85,000 in May 2023.
Read more about house prices in DL3.
Wales Street, Darlington, DL3 has a total of 57 addresses. According to our analysis of all the public data, 50, Wales Street, Darlington is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in DL3.
50, Wales Street, Darlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2016.
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 50, Wales Street, Darlington is North Road (Darlington) station which is 400 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 50, Wales Street, Darlington, 39.0% of property is privately rented and 33.1% is socially 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 50, Wales Street, Darlington, 13.9% of residents are recorded as possessing school level qualifications and 17.8% 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 50, Wales Street, 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 50, Wales Street, Darlington, 0.0% 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 50, Wales Street, Darlington, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.