Drake Street - DL16 7UD
Key Postcode Insights
DL16 7UD is a residential postcode situated on Drake Street, Spennymoor, DL16 with 6 addresses.
It ranks as the 241st largest and 67th most expensive of the 1,278 postcodes in the DL16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £63,416
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £451pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £85/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Key Postcode Insights
DL16 7UD is a residential postcode situated on Drake Street, Spennymoor, DL16 with 6 addresses.
It ranks as the 241st largest and 67th most expensive of the 1,278 postcodes in the DL16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £63,416
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £451pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £85/ft²
- Ave. Gross Yield
- 8.5%/year/yr
Explore Propertiesin DL16 7UD
- 6 Drake Street
3 Bed House
- 7 Drake Street
3 Bed Period House
- 8 Drake Street
4 Bed Period House
- 9 Drake Street
3 Bed Period House
- 10 Drake Street
3 Bed Period House
Sales Market Trends
The last sale in DL16 7UD sold for £55,000 on 10th March 2022. Since then prices are up an average of 13.4%.
The current average value in the postcode is £63,416.
The DL16 7UD Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £63,416 |
| June 2025 | 3.8% | £63,073 |
| June 2024 | -0.6% | £60,766 |
| June 2023 | 6.5% | £61,155 |
| June 2022 | 8.6% | £57,399 |
| June 2021 | 6.9% | £52,856 |
| June 2020 | 2.1% | £49,423 |
| June 2019 | 2% | £48,407 |
| June 2018 | 0.6% | £47,475 |
| June 2017 | -1.3% | £47,169 |
| June 2016 | 2.2% | £47,798 |
| June 2015 | -4.7% | £46,750 |
| June 2014 | 4.9% | £49,042 |
| June 2013 | -2.4% | £46,730 |
| June 2012 | -7.3% | £47,896 |
| June 2011 | -3.7% | £51,676 |
| June 2010 | -0.9% | £53,673 |
| June 2009 | -13.2% | £54,174 |
| June 2008 | -2% | £62,414 |
| June 2007 | 0% | £63,675 |
Rental Market Trends
The current average rental value in the postcode is £451.
The DL16 7UD Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £451pcm |
| June 2025 | 5.4% | £436pcm |
| June 2024 | 6.9% | £413pcm |
| June 2023 | 8.3% | £387pcm |
| June 2022 | 12.6% | £357pcm |
| June 2021 | 7.3% | £317pcm |
| June 2020 | 1.4% | £296pcm |
| June 2019 | 0.4% | £292pcm |
| June 2018 | -0.1% | £290pcm |
| June 2017 | 0.7% | £291pcm |
| June 2016 | 1.7% | £289pcm |
| June 2015 | 0% | £284pcm |
| June 2014 | -0.5% | £284pcm |
| June 2013 | -0.4% | £285pcm |
| June 2012 | -3.4% | £286pcm |
| June 2011 | 0.1% | £296pcm |
| June 2010 | -3.1% | £296pcm |
| June 2009 | -3.8% | £305pcm |
| June 2008 | 2.9% | £317pcm |
| June 2007 | 0% | £308pcm |
Sales History
The last sale was on 10th March 2022 for £55,000 and since then the market in the area has increased by 13.4%. The postcode has had a total of 11 sales since 1995.
DL16 7UD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2022£55,000 | 3 Bed House7, Drake Street, Spennymoor, DL16 7UD7, Drake Street, Spennymoor, DL16 7UD
- Sold Feb 2022£31,000 | 3 Bed House7, Drake Street, Spennymoor, DL16 7UD7, Drake Street, Spennymoor, DL16 7UD
- Sold Oct 2018£37,000 | 3 Bed House11, Drake Street, Spennymoor, DL16 7UD11, Drake Street, Spennymoor, DL16 7UD
- Sold Jun 2018£29,500 | 3 Bed House11, Drake Street, Spennymoor, DL16 7UD11, Drake Street, Spennymoor, DL16 7UD
- Sold Jun 2016£30,000 | 3 Bed House11, Drake Street, Spennymoor, DL16 7UD11, Drake Street, Spennymoor, DL16 7UD
Nearby Postcodes
DL16 7UD is the 241st largest and the 67th most expensive postcode out of the 1,278 postcodes in the DL16 area.
- DL16 7UE, Eden Road, Spennymoor, DL16DL16 7UE17 Addresses|40 m away
- DL16 7TX, South Street, Spennymoor, DL16DL16 7TX26 Addresses|43 m away
- DL16 7UB, Drake Street, Spennymoor, DL16DL16 7UB3 Addresses|46 m away
- DL16 7TU, South Street, Spennymoor, DL16DL16 7TU37 Addresses|60 m away
- DL16 7TZ, Baff Street, Spennymoor, DL16DL16 7TZ26 Addresses|75 m away
Property Types
- 5 period houses built between 1800 and 1911
- 1 house of an unknown age
- period house (5)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2007£77,000 | 3 Bed House6, Drake Street, Spennymoor, DL16 7UD6, Drake Street, Spennymoor, DL16 7UD
- Sold Mar 2022£55,000 | 3 Bed House7, Drake Street, Spennymoor, DL16 7UD7, Drake Street, Spennymoor, DL16 7UD
- Sold Mar 2015£50,000 | 4 Bed House8, Drake Street, Spennymoor, DL16 7UD8, Drake Street, Spennymoor, DL16 7UD
Schools Nearby
- Rosa Street Primary and Nursery Academy300 m away
- Middlestone Moor Academy700 m away
- King Street Primary School800 m away
- Whitworth Park Academy600 m away
- Ferryhill School2.2 km away
- Parkside Academy5.6 km away
More reading links
Public Transport Nearby
The closest station to DL16 7UD is Bishop Auckland station, which is 6.4 kilometres away.
- Bishop Auckland|6.4 km away
- Shildon|8.0 km away
- Newton Aycliffe|9.2 km away
- Durham|9.4 km away
