According to the public record, 5, Folly View, Bishop Auckland is a period freehold house with 839 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Folly View, Butterknowle, Bishop Auckland, DL13 is located within the DL13 postal district.
5, Folly View, Bishop Auckland has 31 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated November 2018.
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 5 Folly View Bishop Auckland as £193,988 and the rental value as £903 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5 Folly View Bishop Auckland has increased by £6,765 (3.5%) and its rental value has increased by £86 per month (9.5%).
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 5, Folly View, Bishop Auckland is in very good condition we estimate a sale value of £203,687 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,409 and a rental value of £840 per month.
If you were able to purchase this property for the estimated value of £193,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £953 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, 5, Folly View, Bishop Auckland sits on a plot of 136m2.
We have plot size data on 7 out of 8 other houses in the postcode and 5, Folly View, Bishop Auckland sits on the 7th largest plot.
According to HM Land Registry, 5, Folly View, Bishop Auckland was last sold on 26 Aug 2020 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2020, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Folly View, Bishop Auckland within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 3, Liddle Avenue, Bishop Auckland, DL13 5PN, a Freehold house which sold for £175,000 in Jun 2022.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Folly View, Butterknowle, Bishop Auckland, DL13 has a total of 8 addresses. According to our analysis of all the public data, 5, Folly View, Bishop Auckland is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in DL13.
5, Folly View, Bishop Auckland has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using portable electric heaters .
The closest station to 5, Folly View, Bishop Auckland is Bishop Auckland station which is 11.2 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 5, Folly View, Bishop Auckland, 47.2% of property is privately owned outright and 29.6% 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 5, Folly View, Bishop Auckland, 13.3% of residents are recorded as possessing school level qualifications and 33.0% 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 5, Folly View, Bishop Auckland, the average age was 47.1 and the most common age was 57.
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 5, Folly View, Bishop Auckland, 1.4% 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 5, Folly View, Bishop Auckland, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.