Our Data Sources
1, Ormesby Way, Spennymoor has 2 entries in the Land Registry , most recently in November 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Ormesby Way, Spennymoor would be worth £267,820, with a potential rental value of £1,177 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £237,212, with a rental value of £1,043 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
1, Ormesby Way, Spennymoor occupies a 242 m2 plot as recorded by HM Land Registry.
All 16 other houses in this postcode have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
1, Ormesby Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Ormesby Way, Spennymoor last changed hands on 25th November 2016, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 8.1% since November 2016.
- Sold Nov 2016£215,000
- Sold Sep 2015£234,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 78 sales of comparable properties within 900 metres of 1, Ormesby Way, Spennymoor across the last 2 years.
Most recently, 3, Ormesby Way, Spennymoor, DL16 7FN, a freehold house, sold at £292,500 on the 25th November 2022.
Read more about house prices in DL16.
- Sold Nov 2022£292,500 | 4 Bed House3, Ormesby Way, Spennymoor, DL16 7FN3, Ormesby Way, Spennymoor, DL16 7FN
- Sold Dec 2021£340,000 | 4 Bed House2, Ormesby Way, Spennymoor, DL16 7FN2, Ormesby Way, Spennymoor, DL16 7FN
- Sold Jul 2021£190,000 | 4 Bed House12, Ormesby Way, Spennymoor, DL16 7FN12, Ormesby Way, Spennymoor, DL16 7FN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Ormesby Way, Spennymoor as the 4th largest and the 4th most expensive of the 16 addresses on Ormesby Way, Spennymoor, DL16.
Against the DL16 postcode district average, it is £106k more expensive than the typical property.
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Schools Nearby
- Rosa Street Primary and Nursery Academy800 m away
- King Street Primary School1.1 km away
- Middlestone Moor Academy1.2 km away
- Whitworth Park Academy800 m away
- Ferryhill School3.4 km away
- Parkside Academy4.6 km away
More reading links
Public Transport Nearby
- Bishop Auckland|6.2 km away
- Shildon|8.4 km away
- Durham|9.0 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
