According to the public record, 16, Mayfield Terrace, Bishop Auckland is a period freehold house with 1,054 ft2 of internal area and sits on a 99.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mayfield Terrace, Cockfield, Bishop Auckland, DL13 is located within the DL13 postal district.
16, Mayfield Terrace, Bishop Auckland has 31 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated October 2014.
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 16 Mayfield Terrace Bishop Auckland as £86,330 and the rental value as £470 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 16 Mayfield Terrace Bishop Auckland has increased by £4,423 (5.1%) and its rental value has increased by £55 per month (11.8%).
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 16, Mayfield Terrace, Bishop Auckland is in very good condition we estimate a sale value of £90,647 and rental value of £493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,287 and a rental value of £437 per month.
If you were able to purchase this property for the estimated value of £86,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £424 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, 16, Mayfield Terrace, Bishop Auckland sits on a plot of 100m2.
We have plot size data on 10 out of 18 other houses in the postcode and 16, Mayfield Terrace, Bishop Auckland sits on the 8th largest plot.
According to HM Land Registry, 16, Mayfield Terrace, Bishop Auckland was last sold on 10 May 2024 for £73,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Mayfield Terrace, Bishop Auckland within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 1, Mayfield Terrace, Bishop Auckland, DL13 5EA, a Freehold house which sold for £85,000 in Aug 2023.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield Terrace, Cockfield, Bishop Auckland, DL13 has a total of 18 addresses. According to our analysis of all the public data, 16, Mayfield Terrace, Bishop Auckland is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in DL13.
16, Mayfield Terrace, Bishop Auckland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an dual fuel boiler (mineral and wood) and radiators.
The closest station to 16, Mayfield Terrace, Bishop Auckland is Bishop Auckland station which is 9.8 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 16, Mayfield Terrace, Bishop Auckland, 50.3% of property is privately owned outright and 31.3% 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 16, Mayfield Terrace, Bishop Auckland, 12.6% of residents are recorded as possessing school level qualifications and 21.1% 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 16, Mayfield Terrace, Bishop Auckland, the average age was 47.1 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 16, Mayfield Terrace, Bishop Auckland, 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 16, Mayfield Terrace, Bishop Auckland, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.