19, Oakdene Terrace
19, Oakdene Terrace
Description & Estimates
19, Oakdene Terrace, Spennymoor is recorded publicly as a period freehold house across 1,237 ft2 of internal area, sitting on a 129 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 19, Oakdene Terrace, Spennymoor is £113,462 and its rental estimate is £737 per month, given the available information and assuming reasonable condition.
Oakdene Terrace, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
19, Oakdene Terrace, Spennymoor has 51 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated July 2015.
We combine this information with that 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
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 19, Oakdene Terrace, Spennymoor, we estimate a market value of £119,135 and a rental value of £774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,519 and £686 per month respectively.
Recent Market Change
Over the last year, 19, Oakdene Terrace, Spennymoor has seen its estimated sale value decrease by £1,707 (1.5%) and its estimated rental value grow by £20 per month (2.7%). This results in an estimated gross rental yield of 7.8%.
Plot Size
HM Land Registry records the plot of land for 19, Oakdene Terrace, Spennymoor as measuring 129 m2.
That makes it the largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
19, Oakdene Terrace, Spennymoor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 19, Oakdene Terrace, Spennymoor completed on 19th July 2023 at £114,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 12.9% over the period since July 2023.
- Sold Jul 2023£114,950
- Sold Nov 2015£111,250
- Sold Mar 2005£116,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 19, Oakdene Terrace, Spennymoor have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd July 2024, was 6, Durham Road, Spennymoor, DL16 7AS, a freehold house which sold for £125,000.
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
Of the 19 addresses on Oakdene Terrace, Spennymoor, DL16, 19, Oakdene Terrace, Spennymoor comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £32k less expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 1.1kmMiddlestone Moor Academy
- 1.7kmRosa Street Primary and Nursery Academy
- 2.4kmKing Street Primary School
- 1.2kmWhitworth Park Academy
- 3.2kmFerryhill School
- 4.1kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
From 19, Oakdene Terrace, Spennymoor, the nearest station is Bishop Auckland, 4.6 kilometres away.
- 4.6kmBishop Auckland
- 6.7kmShildon
- 8.4kmNewton 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.
