12, Chestnut Avenue
12, Chestnut Avenue
Description & Estimates
12, Chestnut Avenue, Spennymoor is described in the public record as an early-century house with 402 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 12, Chestnut Avenue, Spennymoor is £64,237 and its rental estimate is £494 per month, given the available information and assuming reasonable condition.
Chestnut Avenue, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
12, Chestnut Avenue, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated February 2009.
We combine this information with public data 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 12, Chestnut Avenue, Spennymoor, we estimate a market value of £67,449 and a rental value of £518 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,741 and £459 per month respectively.
Recent Market Change
Over the last year, 12, Chestnut Avenue, Spennymoor has seen its estimated sale value decline by £1,034 (1.6%) and its estimated rental value climb by £13 per month (2.6%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
12, Chestnut Avenue, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 650 metres of 12, Chestnut Avenue, Spennymoor, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2022, was 8, Chestnut Avenue, Spennymoor, DL16 7SP, a freehold house which sold for £114,950.
Read more about house prices in DL16.
- Sold Mar 2022£114,950 | 4 Bed House8, Chestnut Avenue, Spennymoor, DL16 7SP8, Chestnut Avenue, Spennymoor, DL16 7SP
- Sold Jun 2020£56,000 | 3 Bed House11, Ash Grove, Spennymoor, DL16 7SS11, Ash Grove, Spennymoor, DL16 7SS
- Sold Jun 2018£40,000 | 3 Bed House9, Ash Grove, Spennymoor, DL16 7SS9, Ash Grove, Spennymoor, DL16 7SS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 84 addresses on Chestnut Avenue, Spennymoor, DL16, 12, Chestnut Avenue, Spennymoor comes out as the 75th largest and the 74th most expensive in our analysis of the public data.
It is also £81k less expensive than the average property across the DL16 district.
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Schools Nearby
- 200mMiddlestone Moor Academy
- 500mRosa Street Primary and Nursery Academy
- 1.2kmKing Street Primary School
- 400mWhitworth Park Academy
- 2.3kmFerryhill School
- 5.3kmKing James I Academy Bishop Auckland
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Public Transport Nearby
From 12, Chestnut Avenue, Spennymoor, the nearest station is Bishop Auckland, 5.9 kilometres away.
- 5.9kmBishop Auckland
- 7.6kmShildon
- 8.9kmNewton Aycliffe
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.
