DL16 7RE is a residential postcode situated on Farm Buildings, Page Bank, Spennymoor, DL16 with 4 addresses.
It ranks as the 169th largest and 936th most expensive of the 1,277 postcodes in the DL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
DL16 7RE is a residential postcode situated on Farm Buildings, Page Bank, Spennymoor, DL16 with 4 addresses.
It ranks as the 169th largest and 936th most expensive of the 1,277 postcodes in the DL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £191,921 for 4 bedroom freehold houses with a garden (1,130 ft2) to £191,921 for 4 bedroom freehold houses with a garden (1,130 ft2) .
Monthly rental prices range from £973 pcm for 4 bed houses to £973 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 6.1%.
The average value per square foot is £170.
The last sale in DL16 7RE sold for £68,000 on 10th July 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £191,921.
The DL16 7RE Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £191,921 |
| April 2025 | 3.3% | £192,495 |
| April 2024 | 2.9% | £186,416 |
| April 2023 | 3.9% | £181,215 |
| April 2022 | 7.3% | £174,400 |
| April 2021 | 6.5% | £162,525 |
| April 2020 | 0.8% | £152,677 |
| April 2019 | 1.2% | £151,459 |
| April 2018 | 2.3% | £149,672 |
| April 2017 | 0.3% | £146,337 |
| April 2016 | 1.5% | £145,895 |
| April 2015 | 0.7% | £143,745 |
| April 2014 | 2.4% | £142,679 |
| April 2013 | -0.2% | £139,372 |
| April 2012 | -5.3% | £139,680 |
| April 2011 | -0.6% | £147,469 |
| April 2010 | 3.6% | £148,378 |
| April 2009 | -14.2% | £143,280 |
| April 2008 | 1.1% | £167,005 |
| April 2007 | 0% | £165,169 |
The current average rental value in the postcode is £973.
The DL16 7RE Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £973pcm |
| April 2025 | 4.8% | £942pcm |
| April 2024 | 7.3% | £899pcm |
| April 2023 | 10.7% | £838pcm |
| April 2022 | 9.3% | £757pcm |
| April 2021 | 2.9% | £693pcm |
| April 2020 | 1.2% | £673pcm |
| April 2019 | -0.1% | £665pcm |
| April 2018 | 0.7% | £665pcm |
| April 2017 | 0.3% | £660pcm |
| April 2016 | 1% | £658pcm |
| April 2015 | 1% | £652pcm |
| April 2014 | 0.5% | £646pcm |
| April 2013 | 0.1% | £642pcm |
| April 2012 | -0.3% | £642pcm |
| April 2011 | 1.9% | £644pcm |
| April 2010 | 1.3% | £632pcm |
| April 2009 | -1.4% | £624pcm |
| April 2008 | 4.3% | £633pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 10th July 2020 for £68,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
DL16 7RE has seen no sales in the last three years and no sales in the last twelve months.
DL16 7RE is the 169th largest and the 936th most expensive postcode out of the 1,277 postcodes in the DL16 area.
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The closest station to DL16 7RE is Bishop Auckland station which is 7.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around DL16 7RE, 51.6% of property is privately owned outright and 23.4% 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 DL16 7RE, 9.5% of residents are recorded as possessing school level qualifications and 32.0% 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 7RE, the average age was 44.1 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 DL16 7RE, 0.8% 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 7RE, 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.