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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists 1, The Spinney, Spennymoor as a freehold house sitting on a 293 m2 plot.
Comparison with its neighbours suggests a mid-century house with 792 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
1, The Spinney, Spennymoor has an estimated sale value of £114,529 and an estimated rental value of £820 per month, assuming reasonable condition and based on the information available.
The Spinney, Spennymoor, DL16 lies within the DL16 postal district.
1, The Spinney, Spennymoor has 31 entries in the Land Registry , most recently in April 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 1, The Spinney, Spennymoor would be worth £120,255, with a potential rental value of £861 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £106,512, with a rental value of £763 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, The Spinney, Spennymoor has decreased by £1,567 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £24 (2.9%). The property's estimated gross yield is currently 8.6%.
1, The Spinney, Spennymoor occupies a 293 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
1, The Spinney, Spennymoor last changed hands on 6th April 2010, selling for £80,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 87.1% since April 2010.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 1, The Spinney, Spennymoor across the last 2 years.
Most recently, 28, Rushmoor, Spennymoor, DL16 6NX, a freehold house, sold at £138,950 on the 15th September 2023.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, The Spinney, Spennymoor as the 7th largest and the 7th most expensive of the 7 addresses on The Spinney, Spennymoor, DL16.
Against the DL16 postcode district average, it is £31k less expensive than the typical property.
Bishop Auckland station is the nearest stop to 1, The Spinney, Spennymoor at 7.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Spinney, Spennymoor, 42.5% of property is socially rented and 20.5% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, The Spinney, Spennymoor, 11.0% of residents are recorded as possessing school level qualifications and 24.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, The Spinney, Spennymoor, the average age was 38.7 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, The Spinney, Spennymoor, 0.9% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, The Spinney, Spennymoor, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
