According to the public record, Flat 4, 74-76, North Road, Darlington is a early-century leasehold apartment and with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 74-76, North Road, Darlington, DL1.
North Road, Darlington, DL1 is located within the DL1 postal district.
Flat 4, 74-76, North Road, Darlington has a single entry in the Land Registry database from February 2008 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 74-76 North Road Darlington as £75,706 and the rental value as £488 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Flat 4 74-76 North Road Darlington has increased by £3,244 (4.3%) and its rental value has increased by £33 per month (6.8%).
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 Flat 4, 74-76, North Road, Darlington is in very good condition we estimate a sale value of £79,491 and rental value of £513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,407 and a rental value of £454 per month.
If you were able to purchase this property for the estimated value of £75,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £372 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, 74-76, North Road, Darlington was last sold on 13 Feb 2008 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 74-76, North Road, Darlington within a radius of 351m over the last 2 years.
The most recent example is 136, High Northgate, Darlington, DL1 1UR, a Leasehold flat which sold for £66,000 in Apr 2011.
Read more about house prices in DL1.
North Road, Darlington, DL1 has a total of 370 addresses. According to our analysis of all the public data, Flat 4, 74-76, North Road, Darlington is the 350th largest and the 338th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in DL1.
Flat 4, 74-76, North Road, Darlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2021.
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, 74-76, North Road, Darlington is North Road (Darlington) station which is 200 m 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, 74-76, North Road, Darlington, 57.9% of property is privately rented and 19.8% is socially 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 4, 74-76, North Road, Darlington, 16.4% of residents are recorded as possessing school level qualifications and 19.5% 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 4, 74-76, North Road, Darlington, the average age was 41.2 and the most common age was 52.
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, 74-76, North Road, Darlington, 0.0% 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, 74-76, North Road, Darlington, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.