1, Durham Street
1, Durham Street
Description & Estimates
Public records show 1, Durham Street, Spennymoor to be a period freehold house with 1,335 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Durham Street, Spennymoor has an estimated sale value of £85,004 and an estimated rental value of £552 per month, assuming reasonable condition and based on the information available.
Durham Street, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
1, Durham Street, Spennymoor has 51 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated August 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Durham Street, Spennymoor would be worth £89,254, with a potential rental value of £579 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,053, with a rental value of £513 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Durham Street, Spennymoor has dropped by £1,279 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £15 (2.7%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
1, Durham Street, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Durham Street, Spennymoor last changed hands on 3rd December 2020, selling for £59,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 7.1% since December 2020.
- Sold Dec 2020£59,950
- Sold Jul 2005£77,000
- Sold Nov 2002£34,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 960 metres of 1, Durham Street, Spennymoor across the last 2 years.
Most recently, 29, Durham Street, Spennymoor, DL16 7AT, a freehold house, sold at £56,000 on the 31st March 2016.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Durham Street, Spennymoor as the 11th largest and the 11th most expensive of the 37 addresses on Durham Street, Spennymoor, DL16.
Against the DL16 postcode district average, it is £60k less expensive than the typical property.
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Schools Nearby
- 900mMiddlestone Moor Academy
- 1.5kmRosa Street Primary and Nursery Academy
- 2.3kmKing Street Primary School
- 1.1kmWhitworth Park Academy
- 3.1kmFerryhill School
- 4.2kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 1, Durham Street, Spennymoor at 4.8 kilometres away.
- 4.8kmBishop Auckland
- 6.7kmShildon
- 8.4kmNewton Aycliffe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
