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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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According to the public record, 11, Lyne Road, Spennymoor is a mid-century freehold house with 3,143 ft2 of internal area and sits on a 764 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Lyne Road, Spennymoor is £376,552 and the estimated rental value is £1,808 per month.
Lyne Road, Spennymoor, DL16 is located within the DL16 postal district.
11, Lyne Road, Spennymoor has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2016.
We combine this information with that 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.
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 11, Lyne Road, Spennymoor is in very good condition we estimate a sale value of £395,379 and a rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,193 and a rental value of £1,682 per month.
Over the last 12 months the sale value of 11 Lyne Road Spennymoor has decreased by an estimated £8,798 (2.3%) and its rental value has increased by an estimated £28 per month (1.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 11, Lyne Road, Spennymoor sits on a plot of 764m2.
We have plot size data on 19 out of 29 other houses in the postcode and 11, Lyne Road, Spennymoor sits on the 2nd largest plot.
11, Lyne Road, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Lyne Road, Spennymoor was last sold on 25th November 2022 for £385,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2022, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 700 metres radius of 11, Lyne Road, Spennymoor over the last 2 years.
The most recent example is 7, Lyne Road, Spennymoor, DL16 7AE, a freehold house which sold for £145,000 on the 13th October 2022.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyne Road, Spennymoor, DL16 has a total of 134 addresses. According to our analysis of all the public data, 11, Lyne Road, Spennymoor is the largest and the most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in DL16.
The closest station to 11, Lyne Road, Spennymoor is Bishop Auckland station which is 5.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Lyne Road, Spennymoor, 47.9% of property is socially rented and 22.1% 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 11, Lyne Road, Spennymoor, 16.6% of residents are recorded as possessing school level qualifications and 9.5% 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 11, Lyne Road, Spennymoor, the average age was 41.4 and the most common age was 52.
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 11, Lyne Road, Spennymoor, 3.8% 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 11, Lyne Road, 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.
