According to the public record, Flat 2 House 18, Richmond is a period leasehold apartment with 1,130 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Frenchgate House, Frenchgate, Richmond, DL10.
Frenchgate, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
Flat 2 House 18, Richmond has 3 entries in the Land Registry database, most recently in March 2024 and a single entry in the EPC database dated June 2015.
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 Flat 2 House 18 Richmond as £268,131 and the rental value as £1,112 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 2 House 18 Richmond has increased by £9,206 (3.4%) and its rental value has increased by £62 per month (5.6%).
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 Flat 2 House 18, Richmond is in very good condition we estimate a sale value of £281,538 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,362 and a rental value of £1,034 per month.
If you were able to purchase this property for the estimated value of £268,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,318 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, Flat 2 House 18, Richmond was last sold on 22 Mar 2024 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2 House 18, Richmond within a radius of 700 metres over the last 2 years.
The most recent example is Flat 5, Howard House, Lyons Road, Richmond, DL10 4NS, a Leasehold flat which sold for £169,000 in May 2020.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frenchgate, Richmond, DL10 has a total of 108 addresses. According to our analysis of all the public data, Flat 2 House 18, Richmond is the 47th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in DL10.
Flat 2 House 18, Richmond has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2015.
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 Flat 2 House 18, Richmond is Darlington station which is 17.6 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 Flat 2 House 18, Richmond, 44.8% of property is privately owned outright and 21.5% is privately 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 Flat 2 House 18, Richmond, 9.3% of residents are recorded as possessing school level qualifications and 48.5% 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 Flat 2 House 18, 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 Flat 2 House 18, Richmond, 1.9% 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 Flat 2 House 18, Richmond, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.