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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, 2, Abbey Green, Spennymoor is a modern freehold house with 1,851 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Abbey Green, Spennymoor is £277,658 and the estimated rental value is £1,325 per month.
Abbey Green, Spennymoor, DL16 is located within the DL16 postal district.
2, Abbey Green, Spennymoor has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated April 2013.
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.
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 2, Abbey Green, Spennymoor is in very good condition we estimate a sale value of £291,541 and a rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,222 and a rental value of £1,232 per month.
Over the last 12 months the sale value of 2 Abbey Green Spennymoor has decreased by an estimated £4,177 (1.5%) and its rental value has increased by an estimated £36 per month (2.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Abbey Green, Spennymoor sits on a plot of 407m2.
We have plot size data on 51 out of 55 other houses in the postcode and 2, Abbey Green, Spennymoor sits on the 2nd largest plot.
2, Abbey Green, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Apr 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Abbey Green, Spennymoor was last sold on 16th December 2022 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Abbey Green, Spennymoor within a radius of 970 metres over the last 2 years.
The most recent example is 51, Hewick Road, Spennymoor, DL16 6PF, a freehold house which sold for £320,000 on the 26th May 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Green, Spennymoor, DL16 has a total of 55 addresses. According to our analysis of all the public data, 2, Abbey Green, Spennymoor is the largest and the most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in DL16.
The closest station to 2, Abbey Green, Spennymoor is Durham station which is 8.2 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 2, Abbey Green, Spennymoor, % of property is and % is .
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 2, Abbey Green, Spennymoor, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Abbey Green, Spennymoor, 0.0% 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 2, Abbey Green, Spennymoor, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
