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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, 20, Willow Road, Spennymoor is a mid-century freehold house with 828 ft2 of internal area.
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 20, Willow Road, Spennymoor is £99,376 and the estimated rental value is £735 per month.
Willow Road, Spennymoor, DL16 is located within the DL16 postal district.
20, Willow Road, Spennymoor has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated July 2022.
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 20, Willow Road, Spennymoor is in very good condition we estimate a sale value of £104,345 and a rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,420 and a rental value of £684 per month.
Over the last 12 months the sale value of 20 Willow Road Spennymoor has decreased by an estimated £1,360 (1.4%) and its rental value has increased by an estimated £21 per month (2.9%), giving an expected gross yield of 8.9%.
20, Willow Road, Spennymoor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 20, Willow Road, Spennymoor was last sold on 14th November 2022 for £79,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Willow Road, Spennymoor within a radius of 930 metres over the last 2 years.
The most recent example is 10, Willow Road, Spennymoor, DL16 7AR, a freehold house which sold for £52,000 on the 19th December 2019.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Road, Spennymoor, DL16 has a total of 40 addresses. According to our analysis of all the public data, 20, Willow Road, Spennymoor is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in DL16.
The closest station to 20, Willow Road, Spennymoor is Bishop Auckland station which is 4.9 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 20, Willow Road, Spennymoor, 37.4% of property is privately owned outright and 33.7% 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 20, Willow Road, Spennymoor, 16.7% of residents are recorded as possessing school level qualifications and 20.2% 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 20, Willow Road, 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 20, Willow Road, 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 20, Willow Road, 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.
