1, Tweed Road
1, Tweed Road
Description & Estimates
According to the public record, 1, Tweed Road, Spennymoor is an early-century apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Tweed Road, Spennymoor is £35,599 and the estimated rental value is £282 per month.
Tweed Road, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
1, Tweed Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated June 2017.
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
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, Tweed Road, Spennymoor is in very good condition we estimate a sale value of £37,379 and a rental value of £296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £33,107 and a rental value of £262 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Tweed Road, Spennymoor has decreased by £630 (1.8%), while its estimated rental value has grown by £7 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 9.5%.
Energy Efficiency
1, Tweed Road, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. 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 has been 1 sale of a property similar to 1, Tweed Road, Spennymoor within a radius of 780 metres over the last 2 years.
The most recent example is 237, Durham Road, Spennymoor, DL16 6JX, a leasehold flat which sold for £32,500 on the 28th October 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
Tweed Road, Spennymoor, DL16 has a total of 68 addresses. According to our analysis of all the public data, 1, Tweed Road, Spennymoor is the 66th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in DL16.
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Schools Nearby
- 600mSt Charles' Catholic Primary School, Tudhoe
- 800mSpringmoor Grange School
- 1.0kmTudhoe Colliery Primary School
- 2.5kmWhitworth Park Academy
- 2.8kmFerryhill School
- 6.8kmParkside Academy
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Public Transport Nearby
The closest station to 1, Tweed Road, Spennymoor is Durham station, which is 7.8 kilometres away.
- 7.8kmDurham
- 8.3kmBishop Auckland
- 9.8kmShildon
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.
