Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 4, Edison Drive, Spennymoor is a modern freehold house with 678 ft2 of internal area and sits on a 201 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 4, Edison Drive, Spennymoor is £142,031 and the estimated rental value is £886 per month.
Edison Drive, Spennymoor, DL16 is located within the DL16 postal district.
4, Edison Drive, Spennymoor has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated October 2014.
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.
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 4, Edison Drive, Spennymoor is in very good condition we estimate a sale value of £149,132 and a rental value of £930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,089 and a rental value of £824 per month.
Over the last 12 months the sale value of 4 Edison Drive Spennymoor has decreased by an estimated £1,944 (1.4%) and its rental value has increased by an estimated £26 per month (2.9%), giving an expected gross yield of 7.5%.
According to data from HM Land Registry, 4, Edison Drive, Spennymoor sits on a plot of 201m2.
We have plot size data on 73 out of 79 other houses in the postcode and 4, Edison Drive, Spennymoor sits on the 10th largest plot.
4, Edison Drive, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Edison Drive, Spennymoor was last sold on 26th October 2018 for £127,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2018, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Edison Drive, Spennymoor within a radius of 840 metres over the last 2 years.
The most recent example is 14, Swan Walk, Spennymoor, DL16 7UU, a freehold house which sold for £125,000 on the 21st June 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edison Drive, Spennymoor, DL16 has a total of 79 addresses. According to our analysis of all the public data, 4, Edison Drive, Spennymoor is the 65th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in DL16.
The closest station to 4, Edison Drive, Spennymoor is Bishop Auckland station which is 7.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Edison Drive, Spennymoor, % of property is and % is .
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, Edison Drive, Spennymoor, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Edison Drive, Spennymoor, 0.0% 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, Edison Drive, Spennymoor, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
