12, Marske Way
12, Marske Way
Description & Estimates
Public records show 12, Marske Way, Spennymoor to be a modern freehold house with 2,366 ft2 of internal area, sitting on a 321 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
12, Marske Way, Spennymoor has an estimated sale value of £365,927 and an estimated rental value of £1,748 per month, assuming reasonable condition and based on the information available.
Marske Way, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
12, Marske Way, Spennymoor has a single entry in the Land Registry from June 2012 and a single entry in the EPC database dated August 2011.
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.
Price Range & Condition
In very good condition, we estimate 12, Marske Way, Spennymoor would be worth £384,224, with a potential rental value of £1,836 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £340,312, with a rental value of £1,626 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Marske Way, Spennymoor has declined by £8,550 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (1.5%). The property's estimated gross yield is currently 5.7%.
Plot Size
12, Marske Way, Spennymoor occupies a 321 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
12, Marske Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
12, Marske Way, Spennymoor last changed hands on 19th June 2012, selling for £357,700. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 102.7% since June 2012.
- Sold Jun 2012£357,700
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 870 metres of 12, Marske Way, Spennymoor across the last 2 years.
Most recently, 4, Ormesby Way, Spennymoor, DL16 7FN, a freehold house, sold at £438,000 on the 4th March 2022.
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
Our analysis of the public data ranks 12, Marske Way, Spennymoor as the largest and the most expensive of the 12 addresses on Marske Way, Spennymoor, DL16.
Against the DL16 postcode district average, it is £221k more expensive than the typical property.
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Schools Nearby
- 700mRosa Street Primary and Nursery Academy
- 1.1kmMiddlestone Moor Academy
- 1.2kmKing Street Primary School
- 700mWhitworth Park Academy
- 3.3kmFerryhill School
- 4.7kmParkside Academy
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 12, Marske Way, Spennymoor at 6.1 kilometres away.
- 6.1kmBishop Auckland
- 8.3kmShildon
- 9.1kmDurham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
