According to the public record, 2, Gayle Court, Consett is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 997 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gayle Court, Consett, DH8 is located within the DH8 postal district.
2, Gayle Court, Consett has a single entry in the Land Registry database from February 2008 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 2 Gayle Court Consett as £165,994 and the rental value as £761 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Gayle Court Consett has increased by £7,287 (4.4%) and its rental value has increased by £62 per month (8.1%).
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 2, Gayle Court, Consett is in very good condition we estimate a sale value of £174,293 and rental value of £799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,374 and a rental value of £708 per month.
If you were able to purchase this property for the estimated value of £165,994, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £816 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, 2, Gayle Court, Consett was last sold on 29 Feb 2008 for £149,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gayle Court, Consett within a radius of 650 metres over the last 2 years.
The most recent example is 4, Horton Close, Consett, DH8 7EN, a Freehold house which sold for £170,000 in Feb 2023.
Read more about house prices in DH8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gayle Court, Consett, DH8 has a total of 32 addresses. According to our analysis of all the public data, 2, Gayle Court, Consett is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in DH8.
The closest station to 2, Gayle Court, Consett is Stocksfield station which is 12.9 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 2, Gayle Court, Consett, 39.1% of property is privately owned with a mortgage and 24.5% 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 2, Gayle Court, Consett, 22.9% of residents are recorded as possessing school level qualifications and 24.7% 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 2, Gayle Court, Consett, the average age was 41.5 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 2, Gayle Court, Consett, 0.7% 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 2, Gayle Court, Consett, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.