35, Gibside Way
35, Gibside Way
Description & Estimates
According to the public record, 35, Gibside Way, Spennymoor is a modern freehold house with 818 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Gibside Way, Spennymoor is £178,272 and the estimated rental value is £973 per month.
Gibside Way, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
35, Gibside Way, Spennymoor has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated March 2021.
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 35, Gibside Way, Spennymoor is in very good condition we estimate a sale value of £187,185 and a rental value of £1,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,793 and a rental value of £905 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 35, Gibside Way, Spennymoor has fallen by £2,440 (1.4%), while its estimated rental value has moved up by £28 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Plot Size
According to data from HM Land Registry, 35, Gibside Way, Spennymoor sits on a plot of 140 m2.
We have plot size data on 30 out of 75 other houses in the postcode and 35, Gibside Way, Spennymoor sits on the 21st largest plot.
Energy Efficiency
35, Gibside Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 35, Gibside Way, Spennymoor was last sold on 1st April 2021 for £153,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has dropped by 5.4%.
- Sold Apr 2021£153,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Gibside Way, Spennymoor within a radius of 700 metres over the last 2 years.
The most recent example is 5, Allerton Way, Spennymoor, DL16 7FQ, a freehold house which sold for £175,000 on the 25th September 2024.
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, 35, Gibside Way, Spennymoor is the 45th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £33k 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 35, 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.
