According to the public record, 1A, Howe Terrace, Crook is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Howe Terrace, Crook, DL15.
Howe Terrace, Crook, DL15 is located within the DL15 postal district.
1A, Howe Terrace, Crook has a single entry in the Land Registry database from October 2006 and a single entry in the EPC database dated December 2022.
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 1A Howe Terrace Crook as £23,876 and the rental value as £165 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 1A Howe Terrace Crook has increased by £153 (0.6%) and its rental value has increased by £14 per month (8.8%).
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 1A, Howe Terrace, Crook is in very good condition we estimate a sale value of £25,070 and rental value of £174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £22,205 and a rental value of £154 per month.
If you were able to purchase this property for the estimated value of £23,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £117 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, 1A, Howe Terrace, Crook was last sold on 25 Oct 2006 for £58,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 670 metres radius of 1A, Howe Terrace, Crook over the last 2 years.
The most recent example is 5, Howe Terrace, Crook, DL15 9BN, a Freehold house which sold for £31,500 in Jul 2018.
Read more about house prices in DL15.
Howe Terrace, Crook, DL15 has a total of 12 addresses. According to our analysis of all the public data, 1A, Howe Terrace, Crook is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in DL15.
1A, Howe Terrace, Crook has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2022.
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 1A, Howe Terrace, Crook is Bishop Auckland station which is 7.5 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 1A, Howe Terrace, Crook, 38.3% of property is privately owned outright and 36.7% 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 1A, Howe Terrace, Crook, 19.1% of residents are recorded as possessing school level qualifications and 20.6% 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 1A, Howe Terrace, Crook, the average age was 44.1 and the most common age was 57.
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 1A, Howe Terrace, Crook, 0.8% 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 1A, Howe Terrace, Crook, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.