Wheel Close, Consett
Wheel Close, Consett
Description & Estimates
According to the public record, Wheel Close, Consett is a mid-century freehold house with 2,292 ft2 of internal area and sits on a 1,028 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Wheel Close, Consett is £302,100 and the estimated rental value is £1,199 per month.
Delves Lane, Consett, DH8 is located within the DH8 postal district.
Our Data Sources
Wheel Close, Consett has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Wheel Close, Consett is in very good condition we estimate a sale value of £317,205 and a rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,953 and a rental value of £1,115 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Wheel Close, Consett has declined by £3,726 (1.2%), while its estimated rental value has climbed by £20 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, Wheel Close, Consett sits on a plot of 1,028 m2.
We have plot size data on 10 out of 13 other houses in the postcode and Wheel Close, Consett sits on the 2nd largest plot.
Energy Efficiency
Wheel Close, Consett has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Wheel Close, Consett was last sold on 11th April 2022 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has risen by 13.6%.
- Sold Apr 2022£270,000
- Sold Dec 2000£123,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Wheel Close, Consett within a radius of 610 metres over the last 2 years.
The most recent example is The Garth, Delves Lane, Consett, DH8 7ER, a freehold house which sold for £305,000 on the 28th July 2023.
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
Delves Lane, Consett, DH8 has a total of 36 addresses. According to our analysis of all the public data, Wheel Close, Consett is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in DH8.
More reading links
Schools Nearby
- 100mDelves Lane Primary School
- 1.5kmConsett Infant School
- 1.6kmConsett Junior School
- 1.8kmConsett Academy
- 4.9kmSt Bede's Catholic School and Sixth Form College, Lanchester
- 8.1kmTanfield School
More reading links
Public Transport Nearby
The closest station to Wheel Close, Consett is Stocksfield station, which is 13.2 kilometres away.
- 13.2kmStocksfield
- 14.0kmPrudhoe
- 14.7kmWylam
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
