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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
Varades, Consett is described in the public record as an early-century house with 1,107 ft2 of internal area, sitting on a 1,549 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Varades, Consett is £392,930 and its rental estimate is £1,448 per month, given the available information and assuming reasonable condition.
Shotley Bridge, Consett, DH8 falls within the DH8 postal district.
Varades, Consett has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2009.
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.
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 Varades, Consett, we estimate a market value of £412,576 and a rental value of £1,521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £365,425 and £1,347 per month respectively.
Over the last year, Varades, Consett has seen its estimated sale value climb by £3,116 (0.8%) and its estimated rental value rise by £50 per month (3.4%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for Varades, Consett as measuring 1,549 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 6 other houses have recorded plot data.
Varades, Consett has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Varades, Consett completed on 1st June 2005 at £277,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Varades, Consett have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was 32, Goodwood Close, Consett, DH8 0UF, a freehold house which sold for £450,000.
Read more about house prices in DH8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 291 addresses on Shotley Bridge, Consett, DH8, Varades, Consett comes out as the 207th largest and the 85th most expensive in our analysis of the public data.
It is also £228k more expensive than the average property across the DH8 district.
From Varades, Consett, the nearest station is Stocksfield, 9.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Varades, Consett, 42.4% of property is privately owned outright and 39.4% 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 Varades, Consett, 14.3% of residents are recorded as possessing school level qualifications and 43.1% 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 Varades, 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 Varades, Consett, 2.6% 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 Varades, Consett, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
