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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, 8, Oley Meadows, Consett is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Oley Meadows, Consett is £173,247 and the estimated rental value is £827 per month.
Oley Meadows, Consett, DH8 is located within the DH8 postal district.
8, Oley Meadows, Consett has 4 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Oley Meadows, Consett is in very good condition we estimate a sale value of £181,909 and a rental value of £868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,119 and a rental value of £769 per month.
Over the last 12 months the sale value of 8 Oley Meadows Consett has decreased by an estimated £415 (0.2%) and its rental value has increased by an estimated £18 per month (2.1%), giving an expected gross yield of 5.7%.
8, Oley Meadows, Consett has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, Oley Meadows, Consett was last sold on 13th May 2024 for £170,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2024, the market for similar properties has dropped 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oley Meadows, Consett within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 6 Beech House, Snows Green Road, Consett, DH8 0HS, a leasehold flat which sold for £165,000 on the 5th March 2021.
Read more about house prices in DH8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oley Meadows, Consett, DH8 has a total of 41 addresses. According to our analysis of all the public data, 8, Oley Meadows, Consett is the 20th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in DH8.
The closest station to 8, Oley Meadows, Consett is Stocksfield station which is 9.0 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 8, Oley Meadows, Consett, 38.0% of property is privately owned outright and 28.8% 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 8, Oley Meadows, Consett, 12.9% of residents are recorded as possessing school level qualifications and 38.5% 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 8, Oley Meadows, 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 8, Oley Meadows, Consett, 2.7% 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, Oley Meadows, Consett, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
