According to the public record, 8, Bridge Street, Bishop Auckland is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,136 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Bridge Street, Tow Law, Bishop Auckland, DL13 is located within the DL13 postal district.
8, Bridge Street, Bishop Auckland has 21 entries in the Land Registry database, most recently in July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Bridge Street Bishop Auckland as £104,448 and the rental value as £553 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 8 Bridge Street Bishop Auckland has increased by £4,481 (4.3%) and its rental value has increased by £64 per month (11.5%).
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 8, Bridge Street, Bishop Auckland is in very good condition we estimate a sale value of £109,670 and rental value of £581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,137 and a rental value of £515 per month.
If you were able to purchase this property for the estimated value of £104,448, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £513 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 HM Land Registry, 8, Bridge Street, Bishop Auckland was last sold on 04 Jul 2008 for £80,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2008, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bridge Street, Bishop Auckland within a radius of 292m over the last 2 years.
The most recent example is 73, High Street, Bishop Auckland, DL13 4DP, a Freehold house which sold for £25,000 in Apr 2023.
Read more about house prices in DL13.
Bridge Street, Tow Law, Bishop Auckland, DL13 has a total of 48 addresses. According to our analysis of all the public data, 8, Bridge Street, Bishop Auckland is the 15th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in DL13.
The closest station to 8, Bridge Street, Bishop Auckland is Bishop Auckland station which is 12.8 km 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 8, Bridge Street, Bishop Auckland, 40.7% of property is privately owned outright and 24.4% 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 8, Bridge Street, Bishop Auckland, 20.5% of residents are recorded as possessing school level qualifications and 19.3% 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 8, Bridge Street, 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 8, Bridge Street, Bishop Auckland, 1.7% 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 8, Bridge Street, 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.