According to the public record, 8, Cornforth Hill, Richmond is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,608 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cornforth Hill, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
8, Cornforth Hill, Richmond has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Cornforth Hill Richmond as £463,312 and the rental value as £1,366 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 8 Cornforth Hill Richmond has increased by £2,075 (0.4%) and its rental value has increased by £35 per month (2.5%).
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 8, Cornforth Hill, Richmond is in very good condition we estimate a sale value of £486,478 and rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,881 and a rental value of £1,270 per month.
If you were able to purchase this property for the estimated value of £463,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,277 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, 8, Cornforth Hill, Richmond was last sold on 23 Jul 2007 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 38.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cornforth Hill, Richmond within a radius of 910 metres over the last 2 years.
The most recent example is 3, Newbiggin, Richmond, DL10 4DR, a Freehold house which sold for £350,000 in Jul 2022.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornforth Hill, Richmond, DL10 has a total of 9 addresses. According to our analysis of all the public data, 8, Cornforth Hill, Richmond is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in DL10.
The closest station to 8, Cornforth Hill, Richmond is Darlington station which is 18.1 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 8, Cornforth Hill, Richmond, 44.7% of property is privately rented and 32.6% 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 8, Cornforth Hill, Richmond, 5.0% of residents are recorded as possessing school level qualifications and 38.3% 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 8, Cornforth Hill, 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 8, Cornforth Hill, Richmond, 1.4% 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 8, Cornforth Hill, Richmond, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.