DL16 7JY is a residential postcode situated on Church Close, Kirk Merrington, Spennymoor, DL16 with 29 addresses.
It ranks as the 955th largest and 485th 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 29 properties: 29 houses.
DL16 7JY is a residential postcode situated on Church Close, Kirk Merrington, Spennymoor, DL16 with 29 addresses.
It ranks as the 955th largest and 485th 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 29 properties: 29 houses.
Sale prices range from £109,060 for 3 bedroom freehold houses with a garden (710 ft2) to £251,122 for 3 bedroom freehold houses with a garden (1,022 ft2) .
Monthly rental prices range from £761 pcm for 3 bed houses to £1,156 pcm for 3 bed houses.
The gross rental yield is between 5.5% and 8.4%.
The average value per square foot is £152.
The last sale in DL16 7JY sold for £135,000 on 3rd February 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £124,001.
The DL16 7JY Sales Market has increased by 28.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £124,001 |
| April 2025 | 4% | £125,028 |
| April 2024 | -0.3% | £120,167 |
| April 2023 | 7.4% | £120,522 |
| April 2022 | 5.5% | £112,179 |
| April 2021 | 7.5% | £106,351 |
| April 2020 | 2.9% | £98,973 |
| April 2019 | -1.2% | £96,154 |
| April 2018 | 1% | £97,371 |
| April 2017 | -0.1% | £96,407 |
| April 2016 | 3% | £96,532 |
| April 2015 | -2% | £93,713 |
| April 2014 | 3% | £95,607 |
| April 2013 | -2.1% | £92,838 |
| April 2012 | -6.4% | £94,854 |
| April 2011 | 1.6% | £101,383 |
| April 2010 | 0.9% | £99,774 |
| April 2009 | -13.3% | £98,880 |
| April 2008 | 0.8% | £114,081 |
| April 2007 | 0% | £113,126 |
The current average rental value in the postcode is £801.
The DL16 7JY Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £801pcm |
| April 2025 | 4.5% | £774pcm |
| April 2024 | 6.5% | £740pcm |
| April 2023 | 11.1% | £696pcm |
| April 2022 | 7.6% | £626pcm |
| April 2021 | 4.6% | £582pcm |
| April 2020 | 0.8% | £556pcm |
| April 2019 | 0.3% | £551pcm |
| April 2018 | 0.1% | £550pcm |
| April 2017 | 0.6% | £549pcm |
| April 2016 | 1.8% | £546pcm |
| April 2015 | 0.1% | £536pcm |
| April 2014 | -0.1% | £535pcm |
| April 2013 | -1.7% | £536pcm |
| April 2012 | -0.7% | £545pcm |
| April 2011 | 0.9% | £549pcm |
| April 2010 | 2.1% | £544pcm |
| April 2009 | -0.9% | £532pcm |
| April 2008 | 3.2% | £537pcm |
| April 2007 | 0% | £521pcm |
The last sale was on 3rd February 2025 for £135,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 36 sales since 1995.
DL16 7JY has seen 4 sales in the last three years and no sales in the last twelve months.
DL16 7JY is the 955th largest and the 485th most expensive postcode out of the 1,277 postcodes in the DL16 area.
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The closest station to DL16 7JY is Bishop Auckland station which is 5.7 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around DL16 7JY, 40.4% of property is privately owned outright and 39.0% 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 7JY, 15.4% of residents are recorded as possessing school level qualifications and 30.2% 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 7JY, 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 7JY, 0.7% 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 7JY, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.