4, Allerton Way
4, Allerton Way
Description & Estimates
4, Allerton Way, Spennymoor is recorded publicly as a modern freehold house across 828 ft2 of internal area, sitting on a 193 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Allerton Way, Spennymoor is £171,786 and its rental estimate is £983 per month, given the available information and assuming reasonable condition.
Allerton Way, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
4, Allerton Way, Spennymoor has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 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
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 4, Allerton Way, Spennymoor, we estimate a market value of £180,375 and a rental value of £1,032 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,761 and £914 per month respectively.
Recent Market Change
Over the last year, 4, Allerton Way, Spennymoor has seen its estimated sale value decline by £2,351 (1.4%) and its estimated rental value climb by £28 per month (2.9%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 4, Allerton Way, Spennymoor as measuring 193 m2.
That makes it the 5th largest plot in the postcode, where 12 of the 23 other houses have recorded plot data.
Energy Efficiency
4, Allerton Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Sep 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
The most recent sale of 4, Allerton Way, Spennymoor completed on 24th September 2021 at £145,345 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.6% over the period since September 2021.
- Sold Sep 2021£145,345
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Allerton Way, Spennymoor have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 5, Allerton Way, Spennymoor, DL16 7FQ, a freehold house which sold for £175,000.
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 23 addresses on Allerton Way, Spennymoor, DL16, 4, Allerton Way, Spennymoor comes out as the 7th largest and the 10th most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the DL16 district.
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Schools Nearby
- 800mRosa Street Primary and Nursery Academy
- 800mKing Street Primary School
- 1.1kmSpringmoor Grange School
- 1.0kmWhitworth Park Academy
- 3.3kmFerryhill School
- 4.9kmParkside Academy
More reading links
Public Transport Nearby
From 4, Allerton Way, Spennymoor, the nearest station is Bishop Auckland, 6.6 kilometres away.
- 6.6kmBishop Auckland
- 8.6kmDurham
- 8.7kmShildon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
