2, Durham Road
2, Durham Road
Description & Estimates
2, Durham Road, Spennymoor is recorded publicly as a period freehold house across 1,205 ft2 of internal area, sitting on a 105 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Durham Road, Spennymoor is £117,956 and its rental estimate is £776 per month, given the available information and assuming reasonable condition.
Durham Road, Middlestone Moor, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
2, Durham Road, Spennymoor has 31 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated November 2020.
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 2, Durham Road, Spennymoor, we estimate a market value of £123,854 and a rental value of £815 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,699 and £722 per month respectively.
Recent Market Change
Over the last year, 2, Durham Road, Spennymoor has seen its estimated sale value fall by £1,774 (1.5%) and its estimated rental value move up by £21 per month (2.7%). This results in an estimated gross rental yield of 7.9%.
Plot Size
HM Land Registry records the plot of land for 2, Durham Road, Spennymoor as measuring 105 m2.
That makes it the 6th largest plot in the postcode, where 14 of the 15 other houses have recorded plot data.
Energy Efficiency
2, Durham Road, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 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
The most recent sale of 2, Durham Road, Spennymoor completed on 16th April 2021 at £96,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 5.6% over the period since April 2021.
- Sold Apr 2021£96,000
- Sold Aug 2004£90,500
- Sold Mar 1999£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Durham Road, Spennymoor have sold within a radius of 910 metres, 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.
More reading links
Location Comparison
Of the 220 addresses on Durham Road, Middlestone Moor, Spennymoor, DL16, 2, Durham Road, Spennymoor comes out as the 87th largest and the 130th most expensive in our analysis of the public data.
It is also £27k less expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 900mMiddlestone Moor Academy
- 1.5kmRosa Street Primary and Nursery Academy
- 2.3kmKing Street Primary School
- 1.0kmWhitworth Park Academy
- 3.2kmFerryhill School
- 4.2kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
From 2, Durham Road, Spennymoor, the nearest station is Bishop Auckland, 4.8 kilometres away.
- 4.8kmBishop Auckland
- 6.8kmShildon
- 8.5kmNewton 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.
