40, Springhouse Lane
40, Springhouse Lane
Description & Estimates
The public record describes 40, Springhouse Lane, Consett as a modern house with 1,571 ft2 of internal area, sitting on a 750 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
40, Springhouse Lane, Consett has an estimated sale value of £454,962 and an estimated rental value of £1,495 per month, assuming reasonable condition and based on the information available.
Springhouse Lane, Ebchester, Consett, DH8 lies within the DH8 postal district.
Our Data Sources
40, Springhouse Lane, Consett has no records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 40, Springhouse Lane, Consett would be worth £477,710, with a potential rental value of £1,570 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £423,115, with a rental value of £1,391 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Springhouse Lane, Consett has dropped by £3,008 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £30 (2.0%). The property's estimated gross yield is currently 3.9%.
Plot Size
40, Springhouse Lane, Consett occupies a 750 m2 plot as recorded by HM Land Registry.
Of the 33 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
40, Springhouse Lane, Consett has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 40, Springhouse Lane, Consett across the last 2 years.
Most recently, Church House, Front Street, Consett, DH8 0PJ, a freehold house, sold at £415,000 on the 4th August 2023.
Read more about house prices in DH8.
- Sold Aug 2023£415,000 | 4 Bed HouseChurch House, Front Street, Consett, DH8 0PJChurch House, Front Street, Consett, DH8 0PJ
- Sold Sep 2021£387,000 | 4 Bed House59, East Law, Consett, DH8 0QH59, East Law, Consett, DH8 0QH
- Sold Dec 2020£450,000 | 4 Bed HouseBurn Cottage, Front Street, Consett, DH8 0PJBurn Cottage, Front Street, Consett, DH8 0PJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Springhouse Lane, Consett as the 5th largest and the 4th most expensive of the 35 addresses on Springhouse Lane, Ebchester, Consett, DH8.
Against the DH8 postcode district average, it is £290k more expensive than the typical property.
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Schools Nearby
- 500mEbchester CofE Primary School
- 1.7kmBishop Ian Ramsey CofE Primary School
- 2.1kmShotley Bridge Primary School
- 3.5kmConsett Academy
- 7.5kmPrudhoe Community High School
- 8.6kmTanfield School
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Public Transport Nearby
Stocksfield station is the nearest stop to 40, Springhouse Lane, Consett at 8.1 kilometres away.
- 8.1kmStocksfield
- 8.7kmPrudhoe
- 9.7kmWylam
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
