Our Data Sources
38, Faraday Close, Spennymoor has 2 entries in the Land Registry, most recently in February 2021 and a single entry in the EPC database dated July 2024.
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
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 38, Faraday Close, Spennymoor, we estimate a market value of £157,693 and a rental value of £928 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £139,671 and £822 per month respectively.
Energy Efficiency
38, Faraday Close, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 38, Faraday Close, Spennymoor completed on 26th February 2021 at £123,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.1% over the period since February 2021.
- Sold Feb 2021£123,000
- Sold Oct 2014£128,000
Similar Properties Sold Nearby
Since 2020 189 properties similar to 38, Faraday Close, Spennymoor have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2025, was 17, Spencer Road, Spennymoor, DL16 7WA, a freehold house which sold for £159,950.
Read more about house prices in DL16.
- Sold Jul 2025£159,950 | 3 Bed House17, Spencer Road, Spennymoor, DL16 7WA17, Spencer Road, Spennymoor, DL16 7WA
- Sold Jul 2025£152,500 | 3 Bed House11, Swan Walk, Spennymoor, DL16 7UU11, Swan Walk, Spennymoor, DL16 7UU
- Sold Jul 2025£112,500 | 3 Bed House12, Lindsay Walk, Spennymoor, DL16 7WD12, Lindsay Walk, Spennymoor, DL16 7WD
- Sold Jun 2025£132,000 | 3 Bed House9, Edison Drive, Spennymoor, DL16 7UW9, Edison Drive, Spennymoor, DL16 7UW
- Sold Jan 2025£148,000 | 3 Bed House3, Lindsay Walk, Spennymoor, DL16 7WD3, Lindsay Walk, Spennymoor, DL16 7WD
Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Explore Nearby Properties
The surrounding properties have an average estimated value of £169,465, ranging from £149,111 to £241,495.
- 39 Faraday Close
3 Bed House | 5 m | Est. Value: £149,111
- 37 Faraday Close
3 Bed House | 10 m | Est. Value: £171,438
- 40 Faraday Close
3 Bed House | 16 m | Est. Value: £157,492
- 36 Faraday Close
3 Bed House | 18 m | Est. Value: £171,438
- 41 Faraday Close
3 Bed House | 21 m | Est. Value: £169,287
Location Comparison
Of the 40 addresses on Faraday Close, Spennymoor, DL16, 38, Faraday Close, Spennymoor comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the DL16 district.
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Schools Nearby
- North Park Primary School500 m away
- King Street Primary School1.1 km away
- Springmoor Grange School1.1 km away
- Ferryhill School1.6 km away
- Whitworth Park Academy1.7 km away
- King James I Academy Bishop Auckland6.6 km away
More reading links
Public Transport Nearby
- Bishop Auckland|7.2 km away
- Shildon|8.3 km away
- Newton Aycliffe|9.2 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
