DL16 7JU is a residential postcode situated on St. Johns Court, Kirk Merrington, Spennymoor, DL16 with 15 addresses.
It ranks as the 579th largest and 623rd 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 15 properties: 12 houses and 3 flats.
DL16 7JU is a residential postcode situated on St. Johns Court, Kirk Merrington, Spennymoor, DL16 with 15 addresses.
It ranks as the 579th largest and 623rd 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 15 properties: 12 houses and 3 flats.
Sale prices range from £43,766 for 2 bedroom leasehold flats (505 ft2) to £143,663 for 4 bedroom freehold houses with a garden (1,210 ft2) .
Monthly rental prices range from £325 pcm for 2 bed flats to £822 pcm for 4 bed houses.
The gross rental yield is between 6.9% and 8.9%.
The average value per square foot is £132.
The last sale in DL16 7JU sold for £120,000 on 18th September 2024. Since then prices are up an average of 0.3%.
The current average value in the postcode is £108,695.
The DL16 7JU Sales Market has increased by 22.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £108,695 |
| April 2025 | 3.7% | £110,228 |
| April 2024 | -0.2% | £106,299 |
| April 2023 | 6.5% | £106,474 |
| April 2022 | 4.3% | £99,971 |
| April 2021 | 6.5% | £95,810 |
| April 2020 | 2.7% | £89,942 |
| April 2019 | -1.5% | £87,547 |
| April 2018 | 0.5% | £88,896 |
| April 2017 | -0.5% | £88,468 |
| April 2016 | 2.8% | £88,900 |
| April 2015 | -2.1% | £86,513 |
| April 2014 | 2.7% | £88,334 |
| April 2013 | -2.2% | £86,005 |
| April 2012 | -6.4% | £87,921 |
| April 2011 | 1.7% | £93,970 |
| April 2010 | 0.4% | £92,366 |
| April 2009 | -13.5% | £91,971 |
| April 2008 | 0.6% | £106,357 |
| April 2007 | 0% | £105,678 |
The current average rental value in the postcode is £700.
The DL16 7JU Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £700pcm |
| April 2025 | 4.2% | £680pcm |
| April 2024 | 6.6% | £653pcm |
| April 2023 | 10.1% | £613pcm |
| April 2022 | 6.5% | £556pcm |
| April 2021 | 3.7% | £522pcm |
| April 2020 | 0.6% | £504pcm |
| April 2019 | 0.1% | £501pcm |
| April 2018 | -0.4% | £500pcm |
| April 2017 | 0.2% | £502pcm |
| April 2016 | 1.6% | £501pcm |
| April 2015 | 0.1% | £493pcm |
| April 2014 | -0.3% | £493pcm |
| April 2013 | -1.7% | £495pcm |
| April 2012 | -0.7% | £504pcm |
| April 2011 | 1.1% | £507pcm |
| April 2010 | 1.6% | £502pcm |
| April 2009 | -1.2% | £494pcm |
| April 2008 | 3% | £500pcm |
| April 2007 | 0% | £485pcm |
The last sale was on 18th September 2024 for £120,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 16 sales since 1995.
DL16 7JU has seen 1 sale in the last three years and no sales in the last twelve months.
DL16 7JU is the 579th largest and the 623rd most expensive postcode out of the 1,277 postcodes in the DL16 area.
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The closest station to DL16 7JU is Bishop Auckland station which is 5.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around DL16 7JU, 35.3% of property is privately owned outright and 31.1% 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 7JU, 11.1% of residents are recorded as possessing school level qualifications and 24.0% 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 7JU, 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 7JU, 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 7JU, there are an average of 1.2 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.