16, Chestnut Avenue
16, Chestnut Avenue
Description & Estimates
According to the public record, 16, Chestnut Avenue, Spennymoor is an early-century house with 316 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Chestnut Avenue, Spennymoor is £57,108 and the estimated rental value is £439 per month.
Chestnut Avenue, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
16, 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
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 16, Chestnut Avenue, Spennymoor is in very good condition we estimate a sale value of £59,964 and a rental value of £461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,111 and a rental value of £408 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Chestnut Avenue, Spennymoor has decreased by £919 (1.6%), while its estimated rental value has grown by £12 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 9.2%.
Energy Efficiency
16, 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
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 650 metres of 16, Chestnut Avenue, Spennymoor over the last 2 years.
The most recent example is 11, Ash Grove, Spennymoor, DL16 7SS, a freehold house which sold for £56,000 on the 26th June 2020.
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
Chestnut Avenue, Spennymoor, DL16 has a total of 84 addresses. According to our analysis of all the public data, 16, Chestnut Avenue, Spennymoor is the 79th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in DL16.
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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
The closest station to 16, Chestnut Avenue, Spennymoor is Bishop Auckland station, which is 5.9 kilometres away.
- 5.9kmBishop Auckland
- 7.6kmShildon
- 8.9kmNewton Aycliffe
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
