3, Tweed Road
3, Tweed Road
Description & Estimates
The public record describes 3, Tweed Road, Spennymoor as an early-century apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
3, Tweed Road, Spennymoor has an estimated sale value of £37,021 and an estimated rental value of £293 per month, assuming reasonable condition and based on the information available.
Tweed Road, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
3, Tweed Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated March 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Tweed Road, Spennymoor would be worth £38,872, with a potential rental value of £308 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £34,430, with a rental value of £273 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 3, Tweed Road, Spennymoor has decreased by £655 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £7 (2.5%). The property's estimated gross yield is currently 9.5%.
Energy Efficiency
3, Tweed Road, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 780 metres of 3, Tweed Road, Spennymoor across the last 2 years.
Most recently, 237, Durham Road, Spennymoor, DL16 6JX, a leasehold flat, sold at £32,500 on the 28th October 2019.
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 3, Tweed Road, Spennymoor as the 63rd largest and the 65th most expensive of the 68 addresses on Tweed Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £108k less expensive than the typical property.
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Schools Nearby
- 600mSt Charles' Catholic Primary School, Tudhoe
- 800mSpringmoor Grange School
- 1.0kmTudhoe Colliery Primary School
- 2.5kmWhitworth Park Academy
- 2.8kmFerryhill School
- 6.8kmParkside Academy
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Public Transport Nearby
Durham station is the nearest stop to 3, Tweed Road, Spennymoor at 7.8 kilometres away.
- 7.8kmDurham
- 8.3kmBishop Auckland
- 9.8kmShildon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
