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11, Yew Close, Spennymoor is recorded publicly as a modern freehold house across 941 ft2 of internal area, sitting on a 220 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Yew Close, Spennymoor is £174,606 and its rental estimate is £982 per month, given the available information and assuming reasonable condition.
Yew Close, Spennymoor, DL16 falls within the DL16 postal district.
11, Yew Close, Spennymoor has 41 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated September 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 11, Yew Close, Spennymoor, we estimate a market value of £183,337 and a rental value of £1,031 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,384 and £914 per month respectively.
Over the last year, 11, Yew Close, Spennymoor has seen its estimated sale value decline by £2,389 (1.4%) and its estimated rental value climb by £28 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
HM Land Registry records the plot of land for 11, Yew Close, Spennymoor as measuring 220 m2.
That makes it the 15th largest plot in the postcode, where all 22 other houses have recorded plot data.
11, Yew Close, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 11, Yew Close, Spennymoor completed on 18th January 2016 at £90,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 142.3% over the period since January 2016.
Over the past 2 years 3 properties similar to 11, Yew Close, Spennymoor have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2024, was 7, Spruce Court, Spennymoor, DL16 7XZ, a freehold house which sold for £160,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Yew Close, Spennymoor, DL16, 11, Yew Close, Spennymoor comes out as the 17th largest and the 16th most expensive in our analysis of the public data.
It is also £29k more expensive than the average property across the DL16 district.
From 11, Yew Close, Spennymoor, the nearest station is Bishop Auckland, 6.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Yew Close, Spennymoor, 43.2% of property is privately owned outright and 32.0% is privately owned with a mortgage.
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, Yew Close, Spennymoor, 22.7% of residents are recorded as possessing school level qualifications and 27.1% 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, Yew Close, 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, Yew Close, Spennymoor, 0.0% 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, Yew Close, Spennymoor, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
