According to the public record, 7, Laburnum Road, Bishop Auckland is a period freehold house and with 861 ft2 of internal area and sits on a 71.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laburnum Road, Bishop Auckland, DL14 is located within the DL14 postal district.
7, Laburnum Road, Bishop Auckland has 3 entries in the Land Registry database, most recently in January 2023 and no records in the EPC database.
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 7 Laburnum Road Bishop Auckland as £78,581 and the rental value as £452 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 7 Laburnum Road Bishop Auckland has increased by £2,520 (3.2%) and its rental value has increased by £53 per month (11.7%).
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 7, Laburnum Road, Bishop Auckland is in very good condition we estimate a sale value of £82,510 and rental value of £475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,081 and a rental value of £421 per month.
If you were able to purchase this property for the estimated value of £78,581, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £386 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, 7, Laburnum Road, Bishop Auckland sits on a plot of 71m2.
We have plot size data on 7 out of 9 other houses in the postcode and 7, Laburnum Road, Bishop Auckland sits on the 3rd largest plot.
According to HM Land Registry, 7, Laburnum Road, Bishop Auckland was last sold on 31 Jan 2023 for £77,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2023, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Laburnum Road, Bishop Auckland within a radius of 37m over the last 2 years.
The most recent example is 27, Oak Terrace, Bishop Auckland, DL14 6ES, a Freehold house which sold for £74,000 in Nov 2023.
Read more about house prices in DL14.
Laburnum Road, Bishop Auckland, DL14 has a total of 9 addresses. According to our analysis of all the public data, 7, Laburnum Road, Bishop Auckland is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in DL14.
7, Laburnum Road, Bishop Auckland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2014.
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 7, Laburnum Road, Bishop Auckland is Bishop Auckland station which is 300 m 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 7, Laburnum Road, Bishop Auckland, 34.8% of property is privately owned outright and 31.4% is privately rented.
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 7, Laburnum Road, Bishop Auckland, 7.5% of residents are recorded as possessing school level qualifications and 26.2% 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 7, Laburnum Road, Bishop Auckland, the average age was 45.9 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 7, Laburnum Road, Bishop Auckland, 0.5% 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 7, Laburnum Road, Bishop Auckland, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.