According to the public record, 6, Model Terrace, Bishop Auckland is a period freehold house with 764 ft2 of internal area and sits on a 93.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Model Terrace, Cockfield, Bishop Auckland, DL13 is located within the DL13 postal district.
6, Model Terrace, Bishop Auckland has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated June 2022.
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 6 Model Terrace Bishop Auckland as £69,328 and the rental value as £407 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 6 Model Terrace Bishop Auckland has increased by £3,552 (5.1%) and its rental value has increased by £48 per month (11.8%).
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 6, Model Terrace, Bishop Auckland is in very good condition we estimate a sale value of £72,795 and rental value of £427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,475 and a rental value of £378 per month.
If you were able to purchase this property for the estimated value of £69,328, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £341 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, 6, Model Terrace, Bishop Auckland sits on a plot of 93m2.
We have plot size data on 9 out of 15 other houses in the postcode and 6, Model Terrace, Bishop Auckland sits on the 5th largest plot.
According to HM Land Registry, 6, Model Terrace, Bishop Auckland was last sold on 24 Jul 2006 for £72,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Model Terrace, Bishop Auckland within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 13, Model Terrace, Bishop Auckland, DL13 5DX, a Freehold house which sold for £67,500 in Mar 2024.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Model Terrace, Cockfield, Bishop Auckland, DL13 has a total of 15 addresses. According to our analysis of all the public data, 6, Model Terrace, Bishop Auckland is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in DL13.
6, Model Terrace, Bishop Auckland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 6, Model Terrace, Bishop Auckland is Bishop Auckland station which is 9.8 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 6, Model Terrace, Bishop Auckland, 50.3% of property is privately owned outright and 31.3% 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 6, Model Terrace, Bishop Auckland, 12.6% of residents are recorded as possessing school level qualifications and 21.1% 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 6, Model Terrace, 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 6, Model 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 6, Model Terrace, Bishop Auckland, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.