According to the public record, Flat 4, 2, Staindrop Road, Darlington is a period leasehold apartment and with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Staindrop Road, Darlington, DL3.
Staindrop Road, Darlington, DL3 is located within the DL3 postal district.
Flat 4, 2, Staindrop Road, Darlington has a single entry in the Land Registry database from May 2013 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 Flat 4 2 Staindrop Road Darlington as £124,115 and the rental value as £673 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 4 2 Staindrop Road Darlington has increased by £5,507 (4.4%) and its rental value has increased by £42 per month (6.2%).
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 4, 2, Staindrop Road, Darlington is in very good condition we estimate a sale value of £130,321 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,427 and a rental value of £626 per month.
If you were able to purchase this property for the estimated value of £124,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £610 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 4, 2, Staindrop Road, Darlington was last sold on 17 May 2013 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 2, Staindrop Road, Darlington within a radius of 377m over the last 2 years.
The most recent example is Flat 7, 15, Pierremont Crescent, Darlington, DL3 9PB, a Leasehold flat which sold for £110,000 in Jan 2023.
Read more about house prices in DL3.
Staindrop Road, Darlington, DL3 has a total of 99 addresses. According to our analysis of all the public data, Flat 4, 2, Staindrop Road, Darlington is the 68th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in DL3.
Flat 4, 2, Staindrop Road, Darlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2019.
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 4, 2, Staindrop Road, Darlington is North Road (Darlington) station which is 1.7 km 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 4, 2, Staindrop Road, Darlington, 55.6% of property is privately owned outright and 34.1% 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 Flat 4, 2, Staindrop Road, Darlington, 17.9% of residents are recorded as possessing school level qualifications and 45.2% 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 4, 2, Staindrop Road, Darlington, the average age was 48.9 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 Flat 4, 2, Staindrop Road, Darlington, 0.7% 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 Flat 4, 2, Staindrop Road, Darlington, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.