According to the public record, Laurel House, Darlington is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,282 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Hillhouse Lane, Sadberge, Darlington, DL2 is located within the DL2 postal district.
Laurel House, Darlington has a single entry in the Land Registry database from January 2007 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 reasonable condition, we estimate the current sale value for Laurel House Darlington as £295,353 and the rental value as £1,440 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Laurel House Darlington has increased by £9,289 (3.1%) and its rental value has increased by £67 per month (4.7%).
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 Laurel House, Darlington is in very good condition we estimate a sale value of £310,121 and rental value of £1,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,679 and a rental value of £1,339 per month.
If you were able to purchase this property for the estimated value of £295,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,452 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, Laurel House, Darlington was last sold on 10 Jan 2007 for £247,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Laurel House, Darlington within a radius of 213m over the last 2 years.
The most recent example is 5, Abbey Road, Darlington, DL2 1SS, a Freehold house which sold for £352,500 in Jul 2023.
Read more about house prices in DL2.
Hillhouse Lane, Sadberge, Darlington, DL2 has a total of 6 addresses. According to our analysis of all the public data, Laurel House, Darlington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in DL2.
The closest station to Laurel House, Darlington is Dinsdale station which is 3.7 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 Laurel House, Darlington, 58.2% of property is privately owned outright and 34.2% 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 Laurel House, Darlington, 11.2% of residents are recorded as possessing school level qualifications and 40.8% 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 Laurel House, Darlington, the average age was 42.5 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 Laurel House, Darlington, 3.9% 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 Laurel House, Darlington, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.