According to the public record, 9, Cornforth Hill, Richmond is a period apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Cornforth Hill, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
9, Cornforth Hill, Richmond has no records in the Land Registry database and a single entry in the EPC database dated December 2023.
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 9 Cornforth Hill Richmond as £150,314 and the rental value as £763 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 9 Cornforth Hill Richmond has increased by £4,375 (2.9%) and its rental value has increased by £39 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 9, Cornforth Hill, Richmond is in very good condition we estimate a sale value of £157,829 and rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,792 and a rental value of £710 per month.
If you were able to purchase this property for the estimated value of £150,314, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £739 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Cornforth Hill, Richmond within a radius of 910 metres over the last 2 years.
The most recent example is 2A, New Road, Richmond, DL10 4QS, a Leasehold flat which sold for £125,000 in Jun 2020.
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, 9, Cornforth Hill, Richmond is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in DL10.
9, Cornforth Hill, Richmond has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Dec 2023.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.