According to the public record, 4, Mill Street, Consett is a period freehold house with 602 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mill Street, Consett, DH8 is located within the DH8 postal district.
4, Mill Street, Consett has 21 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated September 2019.
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 4 Mill Street Consett as £100,275 and the rental value as £579 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 4 Mill Street Consett has increased by £4,313 (4.3%) and its rental value has increased by £47 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 4, Mill Street, Consett is in very good condition we estimate a sale value of £105,289 and rental value of £608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,256 and a rental value of £538 per month.
If you were able to purchase this property for the estimated value of £100,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £493 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, 4, Mill Street, Consett sits on a plot of 222m2.
We have plot size data on 6 out of 16 other houses in the postcode and 4, Mill Street, Consett sits on the 4th largest plot.
According to HM Land Registry, 4, Mill Street, Consett was last sold on 20 May 2016 for £74,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 39.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mill Street, Consett within a radius of 640 metres over the last 2 years.
The most recent example is 11, Ford Street, Consett, DH8 7AB, a Freehold house which sold for £72,000 in Nov 2022.
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, 4, Mill Street, Consett is the 36th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in DH8.
4, Mill Street, Consett has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2019.
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 4, Mill Street, Consett is Stocksfield station which is 13.3 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 4, Mill Street, Consett, 55.0% of property is privately owned outright and 27.1% 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 4, Mill Street, Consett, 14.5% of residents are recorded as possessing school level qualifications and 19.1% 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 4, 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 4, Mill 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 4, 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.