14, Burn Terrace
14, Burn Terrace
Description & Estimates
The public record describes 14, Burn Terrace, Spennymoor as a period house with 882 ft2 of internal area, sitting on a 63 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
14, Burn Terrace, Spennymoor has an estimated sale value of £117,993 and an estimated rental value of £816 per month, assuming reasonable condition and based on the information available.
Burn Terrace, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
14, Burn Terrace, Spennymoor has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 14, Burn Terrace, Spennymoor would be worth £123,893, with a potential rental value of £857 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,734, with a rental value of £759 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 14, Burn Terrace, Spennymoor has declined by £1,615 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £24 (2.9%). The property's estimated gross yield is currently 8.3%.
Plot Size
14, Burn Terrace, Spennymoor occupies a 63 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
14, Burn Terrace, Spennymoor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
14, Burn Terrace, Spennymoor last changed hands on 6th April 2001, selling for £34,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Apr 2001£34,950
- Sold Jul 1997£34,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 14, Burn Terrace, Spennymoor across the last 2 years.
Most recently, 15, Burn Terrace, Spennymoor, DL16 6DS, a freehold house, sold at £55,000 on the 24th February 2023.
Read more about house prices in DL16.
- Sold Feb 2023£55,000 | 3 Bed House15, Burn Terrace, Spennymoor, DL16 6DS15, Burn Terrace, Spennymoor, DL16 6DS
- Sold Oct 2022£107,500 | 3 Bed House19, Durham Road, Spennymoor, DL16 6JN19, Durham Road, Spennymoor, DL16 6JN
- Sold Aug 2022£609,971 | 3 Bed House2, Barnfield Road, Spennymoor, DL16 6EB2, Barnfield Road, Spennymoor, DL16 6EB
•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 14, Burn Terrace, Spennymoor as the 8th largest and the 8th most expensive of the 11 addresses on Burn Terrace, Spennymoor, DL16.
Against the DL16 postcode district average, it is £27k less expensive than the typical property.
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Schools Nearby
- 200mKing Street Primary School
- 300mSpringmoor Grange School
- 500mSt Charles' Catholic Primary School, Tudhoe
- 1.3kmWhitworth Park Academy
- 2.5kmFerryhill School
- 5.9kmParkside Academy
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 14, Burn Terrace, Spennymoor at 7.2 kilometres away.
- 7.2kmBishop Auckland
- 8.6kmDurham
- 8.8kmShildon
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.
