38, Rokeby Way
38, Rokeby Way
Description & Estimates
Public records show 38, Rokeby Way, Spennymoor to be a modern freehold house with 1,528 ft2 of internal area, sitting on a 320 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
38, Rokeby Way, Spennymoor has an estimated sale value of £260,200 and an estimated rental value of £1,213 per month, assuming reasonable condition and based on the information available.
Rokeby Way, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
38, Rokeby Way, Spennymoor has 2 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated September 2016.
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
In very good condition, we estimate 38, Rokeby Way, Spennymoor would be worth £273,210, with a potential rental value of £1,273 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £241,986, with a rental value of £1,128 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 38, Rokeby Way, Spennymoor has dropped by £3,914 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (2.7%). The property's estimated gross yield is currently 5.6%.
Plot Size
38, Rokeby Way, Spennymoor occupies a 320 m2 plot as recorded by HM Land Registry.
All 33 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
38, Rokeby Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Rokeby Way, Spennymoor last changed hands on 25th April 2024, selling for £293,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 14.2% since April 2024.
- Sold Apr 2024£293,000
- Sold Feb 2017£239,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 38, Rokeby Way, Spennymoor across the last 2 years.
Most recently, 18, Alnwick Drive, Spennymoor, DL16 7GE, a freehold house, sold at £275,000 on the 2nd June 2023.
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 38, Rokeby Way, Spennymoor as the largest and the 2nd most expensive of the 66 addresses on Rokeby Way, Spennymoor, DL16.
Against the DL16 postcode district average, it is £115k more expensive than the typical property.
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Schools Nearby
- 500mRosa Street Primary and Nursery Academy
- 900mMiddlestone Moor Academy
- 1.0kmKing Street Primary School
- 500mWhitworth Park Academy
- 3.0kmFerryhill School
- 4.9kmParkside Academy
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 38, Rokeby Way, Spennymoor at 6.1 kilometres away.
- 6.1kmBishop Auckland
- 8.2kmShildon
- 9.2kmDurham
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.
