33, Craddock Street
33, Craddock Street
Description & Estimates
33, Craddock Street, Spennymoor appears in the public record as a Leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 426 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 33, Craddock Street, Spennymoor is £20,053 and its rental estimate is £159 per month, given the available information and assuming reasonable condition.
33, Craddock Street is a residential building on Craddock Street, Spennymoor, DL16 and falls within the DL16 postal district.
Our Data Sources
33, Craddock Street, Spennymoor has 41 entries in the Land Registry , most recently in January 2020 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
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 33, Craddock Street, Spennymoor, we estimate a market value of £21,055 and a rental value of £167 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £18,649 and £148 per month respectively.
Recent Market Change
Over the last year, 33, Craddock Street, Spennymoor has seen its estimated sale value decline by £355 (1.8%) and its estimated rental value climb by £4 per month (2.5%). This results in an estimated gross rental yield of 9.5%.
Sold Prices
The most recent sale of 33, Craddock Street, Spennymoor completed on 13th January 2020 at £30,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 135.4% over the period since January 2020.
- Sold Jan 2020£30,000
- Sold Jun 2014£32,550
- Sold May 2014£27,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 670 metres of 33, Craddock Street, Spennymoor, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 31, Craddock Street, Spennymoor, DL16 7SZ, a freehold house which sold for £33,000.
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
Of the 120 addresses on Craddock Street, Spennymoor, DL16, 33, Craddock Street, Spennymoor comes out as the 120th largest and the 120th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the DL16 district.
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Schools Nearby
- 200mRosa Street Primary and Nursery Academy
- 700mKing Street Primary School
- 700mMiddlestone Moor Academy
- 600mWhitworth Park Academy
- 2.3kmFerryhill School
- 5.6kmParkside Academy
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Public Transport Nearby
From 33, Craddock Street, Spennymoor, the nearest station is Bishop Auckland, 6.4 kilometres away.
- 6.4kmBishop Auckland
- 8.1kmShildon
- 9.3kmNewton Aycliffe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
