According to the public record, 2, Valley Close, Bishop Auckland is a mid-century freehold house with 968 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Valley Close, Tow Law, Bishop Auckland, DL13 is located within the DL13 postal district.
2, Valley Close, Bishop Auckland has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated November 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 2 Valley Close Bishop Auckland as £181,746 and the rental value as £859 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Valley Close Bishop Auckland has increased by £7,196 (4.0%) and its rental value has increased by £98 per month (11.4%).
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, Valley Close, Bishop Auckland is in very good condition we estimate a sale value of £190,833 and rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,024 and a rental value of £799 per month.
If you were able to purchase this property for the estimated value of £181,746, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £893 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, 2, Valley Close, Bishop Auckland sits on a plot of 495m2.
We have plot size data on 5 out of 12 other houses in the postcode and 2, Valley Close, Bishop Auckland sits on the 3rd largest plot.
According to HM Land Registry, 2, Valley Close, Bishop Auckland was last sold on 01 Aug 2014 for £137,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Valley Close, Bishop Auckland within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 47, Highfields, Bishop Auckland, DL13 4BA, a Freehold house which sold for £145,000 in Aug 2023.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Close, Tow Law, Bishop Auckland, DL13 has a total of 12 addresses. According to our analysis of all the public data, 2, Valley Close, Bishop Auckland is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in DL13.
2, Valley Close, Bishop Auckland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Valley Close, Bishop Auckland is Bishop Auckland station which is 13.5 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, Valley Close, Bishop Auckland, 62.3% of property is privately owned outright and 23.9% 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 2, Valley Close, Bishop Auckland, 12.2% of residents are recorded as possessing school level qualifications and 25.5% 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, Valley Close, Bishop Auckland, the average age was 41.1 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, Valley Close, 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 2, Valley Close, Bishop Auckland, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.