According to the public record, Prospect Farm, Bishop Auckland is a period house with 1,076 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Prospect Square, Cockfield, Bishop Auckland, DL13 is located within the DL13 postal district.
Prospect Farm, Bishop Auckland has no records in the Land Registry database and a single entry in the EPC database dated August 2018.
We combine this information with public data 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 Prospect Farm Bishop Auckland as £144,256 and the rental value as £779 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Prospect Farm Bishop Auckland has increased by £7,391 (5.1%) and its rental value has increased by £92 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 Prospect Farm, Bishop Auckland is in very good condition we estimate a sale value of £151,469 and rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,158 and a rental value of £725 per month.
If you were able to purchase this property for the estimated value of £144,256, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £709 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, Prospect Farm, Bishop Auckland sits on a plot of 363m2.
We have plot size data on 7 out of 10 other houses in the postcode and Prospect Farm, Bishop Auckland sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Prospect Farm, Bishop Auckland within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 17, Coronation Terrace, Bishop Auckland, DL13 5EB, a Freehold house which sold for £137,500 in Apr 2023.
Read more about house prices in DL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Square, Cockfield, Bishop Auckland, DL13 has a total of 10 addresses. According to our analysis of all the public data, Prospect Farm, Bishop Auckland is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in DL13.
Prospect Farm, Bishop Auckland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2018.
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 Prospect Farm, 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 Prospect Farm, Bishop Auckland, 50.4% of property is privately owned outright and 24.1% 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 Prospect Farm, Bishop Auckland, 13.4% of residents are recorded as possessing school level qualifications and 18.1% 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 Prospect Farm, 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 Prospect Farm, Bishop Auckland, 1.5% 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 Prospect Farm, Bishop Auckland, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.