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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, 12, School Close, Spennymoor is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 980 ft2 of internal area and sits on a 171 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, School Close, Spennymoor is £193,032 and the estimated rental value is £927 per month.
School Close, Spennymoor, DL16 is located within the DL16 postal district.
12, School Close, Spennymoor has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 12, School Close, Spennymoor is in very good condition we estimate a sale value of £202,683 and a rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,520 and a rental value of £862 per month.
Over the last 12 months the sale value of 12 School Close Spennymoor has increased by an estimated £1,166 (0.6%) and its rental value has increased by an estimated £35 per month (3.8%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 12, School Close, Spennymoor sits on a plot of 171m2.
We have plot size data on 14 out of 14 other houses in the postcode and 12, School Close, Spennymoor sits on the 14th largest plot.
According to HM Land Registry, 12, School Close, Spennymoor was last sold on 11th April 2008 for £168,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, School Close, Spennymoor within a radius of 650 metres over the last 2 years.
The most recent example is 2, School Close, Spennymoor, DL16 6GD, a freehold house which sold for £205,000 on the 23rd September 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Spennymoor, DL16 has a total of 14 addresses. According to our analysis of all the public data, 12, School Close, Spennymoor is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in DL16.
The closest station to 12, School Close, Spennymoor is Bishop Auckland station which is 7.7 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 12, School Close, Spennymoor, 41.9% of property is socially rented and 26.4% 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 12, School Close, Spennymoor, 24.2% of residents are recorded as possessing school level qualifications and 20.8% 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 12, School Close, Spennymoor, the average age was 46.7 and the most common age was 67.
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 12, School Close, Spennymoor, 0.9% 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 12, School Close, Spennymoor, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
