DL16 7DR is a residential postcode situated on Fern Grove, Spennymoor, DL16 with 23 addresses.
It ranks as the 799th largest and 239th most expensive of the 1,277 postcodes in the DL16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
DL16 7DR is a residential postcode situated on Fern Grove, Spennymoor, DL16 with 23 addresses.
It ranks as the 799th largest and 239th most expensive of the 1,277 postcodes in the DL16 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £76,749 for 3 bedroom freehold houses with a garden (721 ft2) to £118,146 for 3 bedroom freehold houses with a garden (1,015 ft2) .
Monthly rental prices range from £554 pcm for 3 bed houses to £783 pcm for 3 bed houses.
The gross rental yield is between 7.5% and 8.7%.
The average value per square foot is £98.
The last sale in DL16 7DR sold for £70,000 on 15th May 2024. Since then prices are up an average of 19.3%.
The current average value in the postcode is £85,639.
The DL16 7DR Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £85,639 |
| April 2025 | 4.1% | £86,230 |
| April 2024 | 0% | £82,865 |
| April 2023 | 6.6% | £82,875 |
| April 2022 | 6.5% | £77,721 |
| April 2021 | 8.1% | £72,983 |
| April 2020 | 2.5% | £67,516 |
| April 2019 | -1% | £65,892 |
| April 2018 | 0.9% | £66,539 |
| April 2017 | 0% | £65,970 |
| April 2016 | 2.3% | £65,963 |
| April 2015 | -1.9% | £64,477 |
| April 2014 | 2.9% | £65,722 |
| April 2013 | -2.4% | £63,900 |
| April 2012 | -6.6% | £65,446 |
| April 2011 | 0.1% | £70,042 |
| April 2010 | -0.2% | £69,971 |
| April 2009 | -14.2% | £70,101 |
| April 2008 | 0.8% | £81,703 |
| April 2007 | 0% | £81,075 |
The current average rental value in the postcode is £579.
The DL16 7DR Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £579pcm |
| April 2025 | 4.9% | £559pcm |
| April 2024 | 6.6% | £533pcm |
| April 2023 | 11% | £500pcm |
| April 2022 | 9% | £451pcm |
| April 2021 | 4.7% | £413pcm |
| April 2020 | 1.1% | £395pcm |
| April 2019 | 0.1% | £390pcm |
| April 2018 | 0.1% | £390pcm |
| April 2017 | 0.5% | £390pcm |
| April 2016 | 1.2% | £388pcm |
| April 2015 | 0.2% | £383pcm |
| April 2014 | -0.2% | £382pcm |
| April 2013 | -1.6% | £383pcm |
| April 2012 | -0.9% | £389pcm |
| April 2011 | 0% | £393pcm |
| April 2010 | 0.3% | £393pcm |
| April 2009 | -1.8% | £392pcm |
| April 2008 | 3.2% | £399pcm |
| April 2007 | 0% | £386pcm |
The last sale was on 15th May 2024 for £70,000 and since then the market in the area has increased by 19.3%. The postcode has had a total of 21 sales since 1995.
DL16 7DR has seen 3 sales in the last three years and no sales in the last twelve months.
DL16 7DR is the 799th largest and the 239th most expensive postcode out of the 1,277 postcodes in the DL16 area.
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The closest station to DL16 7DR is Bishop Auckland station which is 5.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around DL16 7DR, 44.7% of property is socially rented and 19.3% 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 DL16 7DR, 20.2% of residents are recorded as possessing school level qualifications and 15.0% 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 DL16 7DR, the average age was 41.4 and the most common age was 52.
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 DL16 7DR, 0.0% 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 DL16 7DR, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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.