24, Gibside Way
24, Gibside Way
Description & Estimates
According to the public record, 24, Gibside Way, Spennymoor is a modern freehold house with 1,140 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Gibside Way, Spennymoor is £221,698 and the estimated rental value is £1,099 per month.
Gibside Way, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
24, Gibside Way, Spennymoor has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 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.
Price Range & Condition
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 24, Gibside Way, Spennymoor is in very good condition we estimate a sale value of £232,783 and a rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,179 and a rental value of £1,022 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Gibside Way, Spennymoor has moved down by £3,335 (1.5%), while its estimated rental value has increased by £30 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
24, Gibside Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 24, Gibside Way, Spennymoor was last sold on 19th August 2022 for £198,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped by 11.2%.
- Sold Aug 2022£198,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Gibside Way, Spennymoor within a radius of 740 metres over the last 2 years.
The most recent example is 6, Bolton Court, Spennymoor, DL16 7FR, a freehold house which sold for £210,000 on the 9th May 2025.
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
Gibside Way, Spennymoor, DL16 has a total of 75 addresses. According to our analysis of all the public data, 24, Gibside Way, Spennymoor is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in DL16.
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Schools Nearby
- 800mRosa Street Primary and Nursery Academy
- 900mKing Street Primary School
- 1.2kmSpringmoor Grange School
- 900mWhitworth Park Academy
- 3.3kmFerryhill School
- 4.9kmParkside Academy
More reading links
Public Transport Nearby
The closest station to 24, Gibside Way, Spennymoor is Bishop Auckland station, which is 6.5 kilometres away.
- 6.5kmBishop Auckland
- 8.6kmShildon
- 8.7kmDurham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
