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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
According to the public record, 2, Scargill Drive, Spennymoor is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 189 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, Scargill Drive, Spennymoor is £143,606 and the estimated rental value is £894 per month.
Scargill Drive, Spennymoor, DL16 is located within the DL16 postal district.
2, Scargill Drive, Spennymoor has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated February 2015.
We combine this information with that 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.
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, Scargill Drive, Spennymoor is in very good condition we estimate a sale value of £150,786 and a rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,554 and a rental value of £831 per month.
Over the last 12 months the sale value of 2 Scargill Drive Spennymoor has decreased by an estimated £1,965 (1.4%) and its rental value has increased by an estimated £26 per month (2.9%), giving an expected gross yield of 7.5%.
According to data from HM Land Registry, 2, Scargill Drive, Spennymoor sits on a plot of 189m2.
We have plot size data on 45 out of 47 other houses in the postcode and 2, Scargill Drive, Spennymoor sits on the 21st largest plot.
2, Scargill Drive, Spennymoor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 2, Scargill Drive, Spennymoor was last sold on 6th August 2018 for £133,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2018, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Scargill Drive, Spennymoor within a radius of 790 metres over the last 2 years.
The most recent example is 18, Stanhope Close, Spennymoor, DL16 6LZ, a freehold house which sold for £127,000 on the 9th August 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scargill Drive, Spennymoor, DL16 has a total of 47 addresses. According to our analysis of all the public data, 2, Scargill Drive, Spennymoor is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in DL16.
The closest station to 2, Scargill Drive, Spennymoor is Bishop Auckland station which is 7.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Scargill Drive, Spennymoor, 46.6% of property is privately owned outright and 35.9% 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, Scargill Drive, Spennymoor, 16.2% of residents are recorded as possessing school level qualifications and 28.5% 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, Scargill Drive, Spennymoor, the average age was 46.7 and the most common age was 67.
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, Scargill Drive, Spennymoor, 3.2% 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, Scargill Drive, Spennymoor, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
