DL16 7TN is a residential postcode situated on Victoria Gardens, Spennymoor, DL16 with 37 addresses.
It ranks as the 1093rd largest and 274th 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 37 properties: 37 houses.
DL16 7TN is a residential postcode situated on Victoria Gardens, Spennymoor, DL16 with 37 addresses.
It ranks as the 1093rd largest and 274th 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 37 properties: 37 houses.
Sale prices range from £82,729 for 3 bedroom freehold houses with a garden (656 ft2) to £105,663 for 3 bedroom freehold houses with a garden (710 ft2) .
Monthly rental prices range from £609 pcm for 3 bed houses to £753 pcm for 3 bed houses.
The gross rental yield is between 7.5% and 8.8%.
The average value per square foot is £121.
The last sale in DL16 7TN sold for £69,000 on 16th January 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £90,729.
The DL16 7TN Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £90,729 |
| April 2025 | 4.6% | £91,254 |
| April 2024 | -0.4% | £87,207 |
| April 2023 | 7.4% | £87,576 |
| April 2022 | 7.5% | £81,567 |
| April 2021 | 9.4% | £75,883 |
| April 2020 | 3.4% | £69,364 |
| April 2019 | -1.7% | £67,096 |
| April 2018 | 0.7% | £68,290 |
| April 2017 | -0.4% | £67,797 |
| April 2016 | 2.5% | £68,092 |
| April 2015 | -2.8% | £66,445 |
| April 2014 | 2.5% | £68,386 |
| April 2013 | -3.2% | £66,729 |
| April 2012 | -7.8% | £68,970 |
| April 2011 | -0.9% | £74,765 |
| April 2010 | -2.9% | £75,478 |
| April 2009 | -15% | £77,708 |
| April 2008 | 0.3% | £91,427 |
| April 2007 | 0% | £91,162 |
The current average rental value in the postcode is £636.
The DL16 7TN Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £636pcm |
| April 2025 | 5.1% | £612pcm |
| April 2024 | 6.1% | £582pcm |
| April 2023 | 11.1% | £548pcm |
| April 2022 | 9.9% | £493pcm |
| April 2021 | 6.2% | £449pcm |
| April 2020 | 1.4% | £423pcm |
| April 2019 | 0% | £417pcm |
| April 2018 | -0.3% | £417pcm |
| April 2017 | 0.3% | £418pcm |
| April 2016 | 1.3% | £417pcm |
| April 2015 | -0.7% | £412pcm |
| April 2014 | -0.6% | £415pcm |
| April 2013 | -2.8% | £417pcm |
| April 2012 | -1.7% | £429pcm |
| April 2011 | -1.7% | £436pcm |
| April 2010 | -1.7% | £444pcm |
| April 2009 | -2.4% | £452pcm |
| April 2008 | 2.5% | £463pcm |
| April 2007 | 0% | £452pcm |
The last sale was on 16th January 2026 for £69,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 68 sales since 1995.
DL16 7TN has seen 5 sales in the last three years and 3 sales in the last twelve months.
DL16 7TN is the 1093rd largest and the 274th most expensive postcode out of the 1,277 postcodes in the DL16 area.
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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 7TN, 43.2% of property is privately owned outright and 32.0% 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 7TN, 22.7% of residents are recorded as possessing school level qualifications and 27.1% 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 7TN, 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 7TN, 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 7TN, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.