According to the public record, Flat 4, Prior House, Richmond is a period leasehold apartment with 1,262 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Prior House, Quakers Lane, Richmond, DL10.
Quakers Lane, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
Flat 4, Prior House, Richmond has 41 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated January 2023.
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 Prior House Richmond as £277,693 and the rental value as £1,152 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 4 Prior House Richmond has increased by £8,267 (3.0%) and its rental value has increased by £59 per month (5.1%).
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, Prior House, Richmond is in very good condition we estimate a sale value of £291,577 and rental value of £1,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,254 and a rental value of £1,071 per month.
If you were able to purchase this property for the estimated value of £277,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,365 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, Prior House, Richmond was last sold on 24 Aug 2015 for £239,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2015, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Prior House, Richmond within a radius of 660 metres over the last 2 years.
The most recent example is Flat 2, Frenchgate House 18, Frenchgate, Richmond, DL10 7AG, a Leasehold flat which sold for £265,000 in Mar 2024.
Read more about house prices in DL10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Quakers Lane, Richmond, DL10 has a total of 49 addresses. According to our analysis of all the public data, Flat 4, Prior House, Richmond is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in DL10.
Flat 4, Prior House, Richmond has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 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 Flat 4, Prior House, Richmond is Darlington station which is 17.7 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 4, Prior House, Richmond, 60.7% of property is privately owned outright and 29.0% 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, Prior House, Richmond, 14.8% of residents are recorded as possessing school level qualifications and 50.7% 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, Prior House, 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 4, Prior House, Richmond, 0.9% 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 4, Prior House, Richmond, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.