Faraday Close - DL16 7UY
Key Street Insights
Faraday Close is a residential street with 40 addresses.
It ranks as the 768th largest and 560th most expensive of the 965 streets in the DL16 area. The most common property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £160,766
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £904pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Street Insights
Faraday Close is a residential street with 40 addresses.
It ranks as the 768th largest and 560th most expensive of the 965 streets in the DL16 area. The most common property type is a modern house built after 1980.
The street contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £160,766
- 10 Year change
- up 27.2%
- Ave. Rental Price
- £904pcm
- 10 Year change
- up 49.6%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties on Faraday Close, Spennymoor, DL16
- 1 Faraday Close
4 Bed Modern House
- 2 Faraday Close
3 Bed Modern House
- 3 Faraday Close
3 Bed Modern House
- 4 Faraday Close
3 Bed Modern House
- 5 Faraday Close
4 Bed Modern House
Sales Market Trends
The last sale on Faraday Close sold for £165,000 on 23rd October 2024. Since then prices are up an average of 1.3%.
The current average value in the street is £160,766.
The Faraday Close Sales Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £160,766 |
| June 2025 | 3.1% | £161,659 |
| June 2024 | -0.5% | £156,796 |
| June 2023 | 7.6% | £157,594 |
| June 2022 | 6.4% | £146,461 |
| June 2021 | 5.5% | £137,640 |
| June 2020 | 1.9% | £130,484 |
| June 2019 | 2% | £128,015 |
| June 2018 | 0.9% | £125,446 |
| June 2017 | -1.6% | £124,297 |
| June 2016 | 3% | £126,346 |
| June 2015 | -4.2% | £122,701 |
| June 2014 | 5.9% | £128,085 |
| June 2013 | -2.1% | £120,917 |
| June 2012 | -6.4% | £123,488 |
| June 2011 | -2.1% | £131,952 |
| June 2010 | 1.9% | £134,760 |
| June 2009 | -11.3% | £132,223 |
| June 2008 | -1.3% | £149,133 |
| June 2007 | 0% | £151,156 |
Rental Market Trends
The current average rental value in the street is £904.
The Faraday Close Rental Market has increased by 49.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £904pcm |
| June 2025 | 4.5% | £881pcm |
| June 2024 | 7.2% | £844pcm |
| June 2023 | 8.7% | £787pcm |
| June 2022 | 10.7% | £724pcm |
| June 2021 | 5.7% | £654pcm |
| June 2020 | 1.1% | £619pcm |
| June 2019 | 0.5% | £612pcm |
| June 2018 | 0.2% | £609pcm |
| June 2017 | 0.6% | £607pcm |
| June 2016 | 2.3% | £604pcm |
| June 2015 | 0.7% | £590pcm |
| June 2014 | 0.2% | £586pcm |
| June 2013 | -0.1% | £585pcm |
| June 2012 | -2.1% | £585pcm |
| June 2011 | 2% | £598pcm |
| June 2010 | -0.1% | £586pcm |
| June 2009 | -1.9% | £587pcm |
| June 2008 | 3.8% | £598pcm |
| June 2007 | 0% | £576pcm |
Sales History
The last recorded sale was on 23rd October 2024 for £165,000 and since then the market in the area has increased by 1.3%.
Faraday Close, Spennymoor, DL16 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Oct 2024£165,000 | 3 Bed House10, Faraday Close, Spennymoor, DL16 7UY10, Faraday Close, Spennymoor, DL16 7UY
- Sold Sep 2024£126,500 | 3 Bed House17, Faraday Close, Spennymoor, DL16 7UY17, Faraday Close, Spennymoor, DL16 7UY
- Sold May 2024£135,000 | 3 Bed House6, Faraday Close, Spennymoor, DL16 7UY6, Faraday Close, Spennymoor, DL16 7UY
Top 3 Most Expensive Sales
- Sold Dec 2014£185,995 | 4 Bed House8, Faraday Close, Spennymoor, DL16 7UY8, Faraday Close, Spennymoor, DL16 7UY
- Sold Feb 2014£180,000 | 4 Bed House1, Faraday Close, Spennymoor, DL16 7UY1, Faraday Close, Spennymoor, DL16 7UY
- Sold Jun 2020£180,000 | 4 Bed House1, Faraday Close, Spennymoor, DL16 7UY1, Faraday Close, Spennymoor, DL16 7UY
Nearby Streets
Faraday Close, Spennymoor, DL16 is the 768th largest and the 560th most expensive street in the DL16 area.
- Edison Drive, Spennymoor, DL1679 Addresses|115 m away
- Perkins Walk, Spennymoor, DL1615 Addresses|173 m away
- Woodward Road, Spennymoor, DL1646 Addresses|176 m away
- Spencer Road, Spennymoor, DL1644 Addresses|187 m away
- Swan Walk, Spennymoor, DL1630 Addresses|198 m away
- Woodrow Way, Spennymoor, DL169 Addresses|206 m away
Property Types
- 38 modern houses built after 1980
- 2 houses of an unknown age
- modern house (38)
- house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 38 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (32)
- F (0)
- C (6)
- G (0)
- D (0)
- No EPC (2)
Schools Nearby
- North Park Primary School500 m away
- King Street Primary School1.1 km away
- Springmoor Grange School1.1 km away
- Ferryhill School1.6 km away
- Whitworth Park Academy1.7 km away
- King James I Academy Bishop Auckland6.6 km away
More reading links
Public Transport Nearby
The closest station to Faraday Close, Spennymoor, DL16 - DL16 7UY is Bishop Auckland station, which is 7.2 kilometres away.
- Bishop Auckland|7.2 km away
- Shildon|8.3 km away
- Newton Aycliffe|9.2 km away
