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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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4, Alnwick Drive, Spennymoor is recorded publicly as a modern freehold house across 1,001 ft2 of internal area, sitting on a 155 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Alnwick Drive, Spennymoor is £196,103 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
Alnwick Drive, Spennymoor, DL16 falls within the DL16 postal district.
4, Alnwick Drive, Spennymoor has 3 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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, Alnwick Drive, Spennymoor, we estimate a market value of £205,908 and a rental value of £1,060 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,376 and £939 per month respectively.
Over the last year, 4, Alnwick Drive, Spennymoor has seen its estimated sale value decline by £2,684 (1.4%) and its estimated rental value climb by £29 per month (2.9%). This results in an estimated gross rental yield of 6.2%.
HM Land Registry records the plot of land for 4, Alnwick Drive, Spennymoor as measuring 155 m2.
That makes it the 28th largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
4, Alnwick Drive, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Alnwick Drive, Spennymoor completed on 31st March 2022 at £152,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 11.8% over the period since March 2022.
Over the past 2 years 3 properties similar to 4, Alnwick Drive, Spennymoor have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2023, was 35, Alnwick Drive, Spennymoor, DL16 7GE, a freehold house which sold for £165,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Alnwick Drive, Spennymoor, DL16, 4, Alnwick Drive, Spennymoor comes out as the 23rd largest and the 25th most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the DL16 district.
From 4, Alnwick Drive, Spennymoor, the nearest station is Bishop Auckland, 6.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Alnwick Drive, Spennymoor, 60.3% of property is privately owned with a mortgage and 19.5% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Alnwick Drive, Spennymoor, 24.3% of residents are recorded as possessing school level qualifications and 41.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Alnwick Drive, Spennymoor, the average age was 41.4 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Alnwick Drive, Spennymoor, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Alnwick Drive, Spennymoor, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
