32, Alnwick Drive
32, Alnwick Drive
Description & Estimates
According to the public record, 32, Alnwick Drive, Spennymoor is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 830 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Alnwick Drive, Spennymoor is £87,317 and the estimated rental value is £485 per month.
Alnwick Drive, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
32, Alnwick Drive, Spennymoor has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 32, Alnwick Drive, Spennymoor is in very good condition we estimate a sale value of £91,683 and a rental value of £509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,205 and a rental value of £451 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 32, Alnwick Drive, Spennymoor has decreased by £2,362 (2.7%), while its estimated rental value has grown by £7 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Sold Prices
According to HM Land Registry, 32, Alnwick Drive, Spennymoor was last sold on 11th January 2008 for £114,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has dropped by 33.7%.
- Sold Jan 2008£114,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Alnwick Drive, Spennymoor within a radius of 660 metres over the last 2 years.
The most recent example is 51, Studley Drive, Spennymoor, DL16 7GB, a leasehold flat which sold for £95,000 on the 23rd September 2022.
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
Alnwick Drive, Spennymoor, DL16 has a total of 35 addresses. According to our analysis of all the public data, 32, Alnwick Drive, Spennymoor is the 33rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in DL16.
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Schools Nearby
- 400mRosa Street Primary and Nursery Academy
- 900mKing Street Primary School
- 900mMiddlestone Moor Academy
- 500mWhitworth Park Academy
- 3.0kmFerryhill School
- 5.0kmParkside Academy
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Public Transport Nearby
The closest station to 32, Alnwick Drive, Spennymoor is Bishop Auckland station, which is 6.3 kilometres away.
- 6.3kmBishop Auckland
- 8.2kmShildon
- 9.1kmDurham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
