2, Wansbeck Close
2, Wansbeck Close
Description & Estimates
Public records show 2, Wansbeck Close, Spennymoor to be a modern leasehold apartment with 427 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Wansbeck Close, Spennymoor has an estimated sale value of £47,353 and an estimated rental value of £343 per month, assuming reasonable condition and based on the information available.
Wansbeck Close, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
2, Wansbeck Close, Spennymoor has 31 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated March 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Wansbeck Close, Spennymoor would be worth £49,721, with a potential rental value of £360 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £44,039, with a rental value of £319 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Wansbeck Close, Spennymoor has declined by £1,281 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £5 (1.5%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
2, Wansbeck Close, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Wansbeck Close, Spennymoor last changed hands on 31st July 2015, selling for £55,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 15.2% since July 2015.
- Sold Jul 2015£55,000
- Sold Jun 2004£46,000
- Sold Jul 1997£26,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 920 metres of 2, Wansbeck Close, Spennymoor across the last 2 years.
Most recently, 4, Wansbeck Close, Spennymoor, DL16 6XH, a leasehold flat, sold at £46,000 on the 14th July 2023.
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
Our analysis of the public data ranks 2, Wansbeck Close, Spennymoor as the 17th largest and the 17th most expensive of the 17 addresses on Wansbeck Close, Spennymoor, DL16.
Against the DL16 postcode district average, it is £98k less expensive than the typical property.
More reading links
Schools Nearby
- 900mKing Street Primary School
- 1.0kmSpringmoor Grange School
- 1.1kmSt Charles' Catholic Primary School, Tudhoe
- 1.6kmWhitworth Park Academy
- 3.5kmFerryhill School
- 5.2kmParkside Academy
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 2, Wansbeck Close, Spennymoor at 7.3 kilometres away.
- 7.3kmBishop Auckland
- 8.0kmDurham
- 9.4kmShildon
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
