1, Skylark Way
1, Skylark Way
Description & Estimates
1, Skylark Way, Spennymoor is described in the public record as a modern apartment with 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, Skylark Way, Spennymoor is £75,338 and its rental estimate is £447 per month, given the available information and assuming reasonable condition.
Skylark Way, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
1, Skylark Way, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated December 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Skylark Way, Spennymoor, we estimate a market value of £79,105 and a rental value of £470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,064 and £416 per month respectively.
Recent Market Change
Over the last year, 1, Skylark Way, Spennymoor has seen its estimated sale value drop by £2,038 (2.7%) and its estimated rental value rise by £7 per month (1.5%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
1, Skylark Way, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Skylark Way, Spennymoor have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2015, was 2, Mulberry Drive, Spennymoor, DL16 7BY, a leasehold flat which sold for £49,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Skylark Way, Spennymoor, DL16, 1, Skylark Way, Spennymoor comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 600mMiddlestone Moor Academy
- 1.1kmRosa Street Primary and Nursery Academy
- 1.8kmKing Street Primary School
- 600mWhitworth Park Academy
- 3.1kmFerryhill School
- 4.7kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
From 1, Skylark Way, Spennymoor, the nearest station is Bishop Auckland, 5.3 kilometres away.
- 5.3kmBishop Auckland
- 7.3kmShildon
- 8.9kmNewton Aycliffe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
