According to the public record, Flat 6, Swale House 12, Richmond is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,057 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Swale House, Frenchgate, Richmond, DL10.
Frenchgate, Richmond, DL10 is located in the borough of Richmondshire within the DL10 postal district.
Flat 6, Swale House 12, Richmond has a single entry in the Land Registry database from February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 6 Swale House 12 Richmond as £233,466 and the rental value as £968 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 6 Swale House 12 Richmond has increased by £8,016 (3.4%) and its rental value has increased by £54 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 6, Swale House 12, Richmond is in very good condition we estimate a sale value of £245,140 and rental value of £1,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,124 and a rental value of £901 per month.
If you were able to purchase this property for the estimated value of £233,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,147 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 6, Swale House 12, Richmond was last sold on 02 Feb 2018 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Swale House 12, Richmond within a radius of 760 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.
Frenchgate, Richmond, DL10 has a total of 108 addresses. According to our analysis of all the public data, Flat 6, Swale House 12, Richmond is the 55th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in DL10.
The closest station to Flat 6, Swale House 12, Richmond is Darlington station which is 17.8 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 6, Swale House 12, Richmond, 51.6% of property is socially rented and 28.8% 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 6, Swale House 12, Richmond, 8.0% of residents are recorded as possessing school level qualifications and 22.9% 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 6, Swale House 12, 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 6, Swale House 12, Richmond, 1.5% 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 6, Swale House 12, Richmond, there are an average of 0.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.