According to the public record, 36, Mill Street, Consett is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 519 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Mill Street, Consett, DH8 is located within the DH8 postal district.
36, Mill Street, Consett has 41 entries in the Land Registry database, most recently in April 2017 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 36 Mill Street Consett as £65,744 and the rental value as £407 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 36 Mill Street Consett has increased by £2,828 (4.3%) and its rental value has increased by £33 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 36, Mill Street, Consett is in very good condition we estimate a sale value of £69,031 and rental value of £427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,141 and a rental value of £378 per month.
If you were able to purchase this property for the estimated value of £65,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £323 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, 36, Mill Street, Consett was last sold on 20 Apr 2017 for £23,537 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2017, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 36, Mill Street, Consett within a radius of 770 metres over the last 2 years.
The most recent example is 56, Woody Close, Consett, DH8 7HN, a Freehold house which sold for £54,000 in May 2013.
Read more about house prices in DH8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Street, Consett, DH8 has a total of 48 addresses. According to our analysis of all the public data, 36, Mill Street, Consett is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in DH8.
The closest station to 36, Mill Street, Consett is Stocksfield 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 36, Mill Street, Consett, 48.9% of property is privately owned outright and 32.1% 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 36, Mill Street, Consett, 14.8% of residents are recorded as possessing school level qualifications and 17.4% 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 36, Mill 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 36, Mill Street, Consett, 0.3% 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 36, Mill Street, Consett, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.