According to the public record, 5, Ridley Terrace, Bishop Auckland is a period freehold house with 925 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ridley Terrace, Tow Law, Bishop Auckland, DL13 is located within the DL13 postal district.
5, Ridley Terrace, Bishop Auckland has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated March 2017.
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 Ridley Terrace Bishop Auckland as £61,954 and the rental value as £351 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 Ridley Terrace Bishop Auckland has increased by £2,453 (4.0%) and its rental value has increased by £40 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 5, Ridley Terrace, Bishop Auckland is in very good condition we estimate a sale value of £65,052 and rental value of £369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,618 and a rental value of £327 per month.
If you were able to purchase this property for the estimated value of £61,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £304 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, Ridley Terrace, Bishop Auckland sits on a plot of 107m2.
We have plot size data on 7 out of 10 other houses in the postcode and 5, Ridley Terrace, Bishop Auckland sits on the 2nd largest plot.
According to HM Land Registry, 5, Ridley Terrace, Bishop Auckland was last sold on 09 Jun 2017 for £46,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ridley Terrace, Bishop Auckland within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 2, Ridley Terrace, Bishop Auckland, DL13 4BD, a Freehold house which sold for £44,000 in Mar 2020.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Terrace, Tow Law, Bishop Auckland, DL13 has a total of 10 addresses. According to our analysis of all the public data, 5, Ridley Terrace, Bishop Auckland is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in DL13.
5, Ridley Terrace, Bishop Auckland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2017.
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 5, Ridley Terrace, Bishop Auckland is Bishop Auckland station which is 13.8 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, Ridley Terrace, 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 5, Ridley Terrace, 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 5, Ridley Terrace, 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 5, Ridley Terrace, 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 5, Ridley Terrace, 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.