111, Watson Park
111, Watson Park
Description & Estimates
111, Watson Park, Spennymoor is recorded publicly as a modern freehold house across 624 ft2 of internal area, sitting on a 136 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 111, Watson Park, Spennymoor is £118,741 and its rental estimate is £805 per month, given the available information and assuming reasonable condition.
Watson Park, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
111, Watson Park, Spennymoor has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 111, Watson Park, Spennymoor, we estimate a market value of £124,678 and a rental value of £845 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,429 and £748 per month respectively.
Recent Market Change
Over the last year, 111, Watson Park, Spennymoor has seen its estimated sale value decline by £1,625 (1.4%) and its estimated rental value climb by £23 per month (2.9%). This results in an estimated gross rental yield of 8.1%.
Plot Size
HM Land Registry records the plot of land for 111, Watson Park, Spennymoor as measuring 136 m2.
That makes it the 34th largest plot in the postcode, where all 65 other houses have recorded plot data.
Energy Efficiency
111, Watson Park, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 111, Watson Park, Spennymoor completed on 24th October 2013 at £99,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 1.4% over the period since October 2013.
- Sold Oct 2013£99,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 111, Watson Park, Spennymoor have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2024, was 108, Watson Park, Spennymoor, DL16 6NH, a freehold house which sold for £109,000.
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 153 addresses on Watson Park, Spennymoor, DL16, 111, Watson Park, Spennymoor comes out as the 136th largest and the 143rd most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 900mSt Charles' Catholic Primary School, Tudhoe
- 900mNorth Park Primary School
- 1.1kmSpringmoor Grange School
- 2.3kmFerryhill School
- 2.6kmWhitworth Park Academy
- 7.2kmParkside Academy
More reading links
Public Transport Nearby
From 111, Watson Park, Spennymoor, the nearest station is Bishop Auckland, 8.3 kilometres away.
- 8.3kmBishop Auckland
- 8.3kmDurham
- 9.4kmShildon
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.
