According to the public record, 1, Market Place, Bishop Auckland is a period freehold house with 753 ft2 of internal area and sits on a 54.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Market Place, St. Johns Chapel, Bishop Auckland, DL13 is located within the DL13 postal district.
1, Market Place, Bishop Auckland has 31 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated October 2017.
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 1 Market Place Bishop Auckland as £126,271 and the rental value as £737 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 1 Market Place Bishop Auckland has increased by £5,406 (4.3%) and its rental value has increased by £80 per month (10.9%).
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 1, Market Place, Bishop Auckland is in very good condition we estimate a sale value of £132,584 and rental value of £774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,432 and a rental value of £685 per month.
If you were able to purchase this property for the estimated value of £126,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £621 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 data from HM Land Registry, 1, Market Place, Bishop Auckland sits on a plot of 55m2.
We have plot size data on 2 out of 8 other houses in the postcode and 1, Market Place, Bishop Auckland sits on the 4th largest plot.
According to HM Land Registry, 1, Market Place, Bishop Auckland was last sold on 07 Feb 2020 for £87,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2020, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Market Place, Bishop Auckland within a radius of 11.4 kilometres over the last 2 years.
The most recent example is 16, Hood Street, Bishop Auckland, DL13 1QJ, a Freehold house which sold for £113,000 in Jan 2023.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Place, St. Johns Chapel, Bishop Auckland, DL13 has a total of 24 addresses. According to our analysis of all the public data, 1, Market Place, Bishop Auckland is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in DL13.
1, Market Place, Bishop Auckland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
The closest station to 1, Market Place, Bishop Auckland is Appleby station which is 26.2 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 1, Market Place, Bishop Auckland, 51.3% of property is privately owned outright and 35.4% 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 1, Market Place, Bishop Auckland, 17.9% of residents are recorded as possessing school level qualifications and 36.2% 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 1, Market Place, Bishop Auckland, the average age was 49.4 and the most common age was 57.
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 1, Market Place, Bishop Auckland, 0.6% 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 1, Market Place, Bishop Auckland, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.