Redwood Barn, Consett
Redwood Barn, Consett
Description & Estimates
Redwood Barn, Consett is recorded publicly as a period freehold house across 2,938 ft2 of internal area, sitting on a 923 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Redwood Barn, Consett is £718,004 and its rental estimate is £2,424 per month, given the available information and assuming reasonable condition.
Minsteracres, Consett, DH8 falls within the DH8 postal district.
Our Data Sources
Redwood Barn, Consett has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated December 2014.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Redwood Barn, Consett, we estimate a market value of £753,905 and a rental value of £2,545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £667,744 and £2,254 per month respectively.
Recent Market Change
Over the last year, Redwood Barn, Consett has seen its estimated sale value move down by £8,856 (1.2%) and its estimated rental value increase by £41 per month (1.7%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Redwood Barn, Consett as measuring 923 m2.
That makes it the 4th largest plot in the postcode, where 7 of the 10 other houses have recorded plot data.
Energy Efficiency
Redwood Barn, Consett has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of Redwood Barn, Consett completed on 25th May 2007 at £450,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.6% over the period since May 2007.
- Sold May 2007£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Redwood Barn, Consett have sold within a radius of 6.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th November 2020, was Eddis Bridge House, Consett, DH8 9LZ, a freehold house which sold for £620,000.
Read more about house prices in DH8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Minsteracres, Consett, DH8, Redwood Barn, Consett comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £553k more expensive than the average property across the DH8 district.
More reading links
Schools Nearby
- 5.2kmWhittonstall First School
- 5.3kmSlaley First School
- 5.8kmBroomhaugh (VA) Church of England First School
- 9.5kmConsett Academy
- 10.0kmPrudhoe Community High School
- 13.0kmQueen Elizabeth High School
More reading links
Public Transport Nearby
From Redwood Barn, Consett, the nearest station is Riding Mill, 6.1 kilometres away.
- 6.1kmRiding Mill
- 6.6kmStocksfield
- 8.8kmCorbridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
