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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 18, Spring Close, Consett is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,059 ft2 of internal area and sits on a 166 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Spring Close, Consett is £226,130 and the estimated rental value is £831 per month.
Spring Close, Consett, DH8 is located within the DH8 postal district.
18, Spring Close, Consett has a single entry in the Land Registry from May 2009 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 18, Spring Close, Consett is in very good condition we estimate a sale value of £237,437 and a rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,301 and a rental value of £773 per month.
Over the last 12 months the sale value of 18 Spring Close Consett has increased by an estimated £3,316 (1.5%) and its rental value has increased by an estimated £32 per month (3.9%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 18, Spring Close, Consett sits on a plot of 166m2.
We have plot size data on 20 out of 26 other houses in the postcode and 18, Spring Close, Consett sits on the 20th largest plot.
According to HM Land Registry, 18, Spring Close, Consett was last sold on 29th May 2009 for £182,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 42.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Spring Close, Consett within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 20, Chesters Dene, Consett, DH8 0QP, a freehold house which sold for £295,000 on the 31st August 2022.
Read more about house prices in DH8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Close, Consett, DH8 has a total of 26 addresses. According to our analysis of all the public data, 18, Spring Close, Consett is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in DH8.
The closest station to 18, Spring Close, Consett is Stocksfield station which is 8.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 18, Spring Close, Consett, 42.3% of property is privately owned outright and 30.9% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 18, Spring Close, Consett, 16.3% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Spring Close, Consett, the average age was 45.2 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 18, Spring Close, Consett, 0.7% 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 18, Spring Close, Consett, 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.
