According to the public record, 3, South Street, Consett is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 837 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
South Street, Consett, DH8 is located within the DH8 postal district.
3, South Street, Consett has 21 entries in the Land Registry database, most recently in March 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 3 South Street Consett as £136,471 and the rental value as £705 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 3 South Street Consett has increased by £5,991 (4.4%) and its rental value has increased by £57 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 3, South Street, Consett is in very good condition we estimate a sale value of £143,295 and rental value of £740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,918 and a rental value of £656 per month.
If you were able to purchase this property for the estimated value of £136,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £671 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, 3, South Street, Consett was last sold on 21 Mar 2007 for £84,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2007, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, South Street, Consett within a radius of 780 metres over the last 2 years.
The most recent example is 24, Third Street, Consett, DH8 7LT, a Freehold house which sold for £157,500 in Jul 2023.
Read more about house prices in DH8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Consett, DH8 has a total of 7 addresses. According to our analysis of all the public data, 3, South Street, Consett is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in DH8.
The closest station to 3, South Street, Consett is Stocksfield station which is 12.4 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 3, South Street, Consett, 51.6% of property is privately owned outright and 34.4% 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 3, South Street, Consett, 11.0% of residents are recorded as possessing school level qualifications and 14.2% 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 3, South Street, 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 3, South Street, Consett, 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 3, South Street, 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.