According to the public record, 8, Park Terrace, Crook is a mid-century freehold house with 785 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Terrace, Willington, Crook, DL15 is located within the DL15 postal district.
8, Park Terrace, Crook has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 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 8 Park Terrace Crook as £74,902 and the rental value as £443 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 8 Park Terrace Crook has increased by £1,926 (2.6%) and its rental value has increased by £47 per month (10.6%).
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, Park Terrace, Crook is in very good condition we estimate a sale value of £78,648 and rental value of £465 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,659 and a rental value of £412 per month.
If you were able to purchase this property for the estimated value of £74,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £368 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, 8, Park Terrace, Crook sits on a plot of 173m2.
We have plot size data on 13 out of 20 other houses in the postcode and 8, Park Terrace, Crook sits on the 6th largest plot.
According to HM Land Registry, 8, Park Terrace, Crook was last sold on 24 Mar 2021 for £77,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 15.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Terrace, Crook within a radius of 690 metres over the last 2 years.
The most recent example is 4, Westmorland Place, Crook, DL15 0AR, a Freehold house which sold for £66,000 in Feb 2023.
Read more about house prices in DL15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Willington, Crook, DL15 has a total of 20 addresses. According to our analysis of all the public data, 8, Park Terrace, Crook is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in DL15.
8, Park Terrace, Crook has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2018.
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 8, Park Terrace, Crook is Bishop Auckland station which is 5.8 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 8, Park Terrace, Crook, 35.8% of property is privately owned outright and 23.3% is socially 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 8, Park Terrace, Crook, 18.9% of residents are recorded as possessing school level qualifications and 19.2% 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 8, Park Terrace, Crook, the average age was 42.4 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 8, Park Terrace, Crook, 0.4% 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 8, Park Terrace, Crook, 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.