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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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3, Park Parade, Spennymoor is described in the public record as a period house with 1,022 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Park Parade, Spennymoor is £115,238 and its rental estimate is £788 per month, given the available information and assuming reasonable condition.
Park Parade, Spennymoor, DL16 falls within the DL16 postal district.
3, Park Parade, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Park Parade, Spennymoor, we estimate a market value of £121,000 and a rental value of £828 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,172 and £733 per month respectively.
Over the last year, 3, Park Parade, Spennymoor has seen its estimated sale value fall by £1,577 (1.4%) and its estimated rental value move up by £23 per month (2.9%). This results in an estimated gross rental yield of 8.2%.
HM Land Registry records the plot of land for 3, Park Parade, Spennymoor as measuring 271 m2.
That makes it the 3rd largest plot in the postcode, where all 13 other houses have recorded plot data.
3, Park Parade, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 3, Park Parade, Spennymoor have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2026, was 11, Park Parade, Spennymoor, DL16 6AN, a freehold house which sold for £125,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Park Parade, Spennymoor, DL16, 3, Park Parade, Spennymoor comes out as the 13th largest and the 12th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the DL16 district.
From 3, Park Parade, Spennymoor, the nearest station is Bishop Auckland, 6.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Park Parade, Spennymoor, 42.5% of property is privately owned outright and 25.5% is socially rented.
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 3, Park Parade, Spennymoor, 10.4% of residents are recorded as possessing school level qualifications and 22.6% 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 3, Park Parade, 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 3, Park Parade, Spennymoor, 1.0% 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 3, Park Parade, Spennymoor, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
