1, Marske Way
1, Marske Way
Description & Estimates
According to the public record, 1, Marske Way, Spennymoor is a modern house with 613 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Marske Way, Spennymoor is £173,659 and the estimated rental value is £969 per month.
Marske Way, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
1, Marske Way, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Marske Way, Spennymoor is in very good condition we estimate a sale value of £182,342 and a rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,503 and a rental value of £902 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Marske Way, Spennymoor has declined by £2,377 (1.4%), while its estimated rental value has climbed by £28 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Plot Size
According to data from HM Land Registry, 1, Marske Way, Spennymoor sits on a plot of 142 m2.
We have plot size data on 10 out of 12 other houses in the postcode and 1, Marske Way, Spennymoor sits on the 9th largest plot.
Energy Efficiency
1, Marske Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Marske Way, Spennymoor within a radius of 870 metres over the last 2 years.
The most recent example is 57, Farnley Close, Spennymoor, DL16 7FP, a freehold house which sold for £31,500 on the 20th December 2019.
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
Marske Way, Spennymoor, DL16 has a total of 12 addresses. According to our analysis of all the public data, 1, Marske Way, Spennymoor is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in DL16.
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Schools Nearby
- 700mRosa Street Primary and Nursery Academy
- 1.1kmMiddlestone Moor Academy
- 1.2kmKing Street Primary School
- 700mWhitworth Park Academy
- 3.3kmFerryhill School
- 4.7kmParkside Academy
More reading links
Public Transport Nearby
The closest station to 1, Marske Way, Spennymoor is Bishop Auckland station, which is 6.1 kilometres away.
- 6.1kmBishop Auckland
- 8.3kmShildon
- 9.1kmDurham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
