According to the public record, Flat 5, 15, Pierremont Crescent, Darlington is a period leasehold apartment and with 893 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 15, Pierremont Crescent, Darlington, DL3.
Pierremont Crescent, Darlington, DL3 is located within the DL3 postal district.
Flat 5, 15, Pierremont Crescent, Darlington has 51 entries in the Land Registry database, most recently in November 2018 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 5 15 Pierremont Crescent Darlington as £127,056 and the rental value as £675 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 5 15 Pierremont Crescent Darlington has increased by £5,425 (4.3%) and its rental value has increased by £43 per month (6.4%).
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 5, 15, Pierremont Crescent, Darlington is in very good condition we estimate a sale value of £133,409 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,162 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £127,056, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £624 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 5, 15, Pierremont Crescent, Darlington was last sold on 15 Nov 2018 for £110,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2018, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 15, Pierremont Crescent, Darlington within a radius of 428m over the last 2 years.
The most recent example is 9 Birch View, Greystones Drive, Darlington, DL3 9TN, a Leasehold flat which sold for £140,000 in May 2022.
Read more about house prices in DL3.
Pierremont Crescent, Darlington, DL3 has a total of 106 addresses. According to our analysis of all the public data, Flat 5, 15, Pierremont Crescent, Darlington is the 48th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in DL3.
Flat 5, 15, Pierremont Crescent, Darlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2024.
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 5, 15, Pierremont Crescent, Darlington is North Road (Darlington) station which is 1.5 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 5, 15, Pierremont Crescent, Darlington, 34.3% of property is privately owned outright and 30.8% 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 5, 15, Pierremont Crescent, Darlington, 20.8% of residents are recorded as possessing school level qualifications and 41.4% 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 5, 15, Pierremont Crescent, Darlington, the average age was 46.1 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 5, 15, Pierremont Crescent, 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 5, 15, Pierremont Crescent, Darlington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.