Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 2, Oakdene Terrace, Spennymoor is a period freehold house with 1,011 ft2 of internal area and sits on a 81.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Oakdene Terrace, Spennymoor is £100,928 and the estimated rental value is £701 per month.
Oakdene Terrace, Spennymoor, DL16 is located within the DL16 postal district.
2, Oakdene Terrace, Spennymoor has 31 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated March 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, Oakdene Terrace, Spennymoor is in very good condition we estimate a sale value of £105,974 and a rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,863 and a rental value of £652 per month.
Over the last 12 months the sale value of 2 Oakdene Terrace Spennymoor has decreased by an estimated £1,381 (1.4%) and its rental value has increased by an estimated £20 per month (2.9%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 2, Oakdene Terrace, Spennymoor sits on a plot of 82m2.
We have plot size data on 19 out of 19 other houses in the postcode and 2, Oakdene Terrace, Spennymoor sits on the 14th largest plot.
2, Oakdene Terrace, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Oakdene Terrace, Spennymoor was last sold on 19th December 2014 for £63,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2014, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oakdene Terrace, Spennymoor within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 14, Oakdene Terrace, Spennymoor, DL16 7BA, a freehold house which sold for £108,000 on the 31st May 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakdene Terrace, Spennymoor, DL16 has a total of 19 addresses. According to our analysis of all the public data, 2, Oakdene Terrace, Spennymoor is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in DL16.
The closest station to 2, Oakdene Terrace, Spennymoor is Bishop Auckland station which is 4.6 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, Oakdene Terrace, Spennymoor, 55.1% of property is privately owned outright and 32.3% is privately owned with a mortgage.
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, Oakdene Terrace, Spennymoor, 15.5% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Oakdene Terrace, Spennymoor, the average age was 41.4 and the most common age was 52.
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, Oakdene Terrace, Spennymoor, 1.5% 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, Oakdene Terrace, Spennymoor, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
