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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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According to the public record, 4, Fox Covert, Spennymoor is a modern freehold house with 775 ft2 of internal area and sits on a 325 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, Fox Covert, Spennymoor is £148,652 and the estimated rental value is £890 per month.
Fox Covert, Spennymoor, DL16 is located within the DL16 postal district.
4, Fox Covert, Spennymoor has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated January 2022.
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, Fox Covert, Spennymoor is in very good condition we estimate a sale value of £156,085 and a rental value of £935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,246 and a rental value of £828 per month.
Over the last 12 months the sale value of 4 Fox Covert Spennymoor has increased by an estimated £898 (0.6%) and its rental value has increased by an estimated £34 per month (3.8%), giving an expected gross yield of 7.2%.
According to data from HM Land Registry, 4, Fox Covert, Spennymoor sits on a plot of 325m2.
We have plot size data on 13 out of 15 other houses in the postcode and 4, Fox Covert, Spennymoor sits on the 3rd largest plot.
4, Fox Covert, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Fox Covert, Spennymoor was last sold on 4th March 2022 for £145,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Fox Covert, Spennymoor within a radius of 870 metres over the last 2 years.
The most recent example is 12, Clover Court, Spennymoor, DL16 6FE, a freehold house which sold for £155,000 on the 10th November 2023.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fox Covert, Spennymoor, DL16 has a total of 15 addresses. According to our analysis of all the public data, 4, Fox Covert, Spennymoor is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in DL16.
The closest station to 4, Fox Covert, Spennymoor is Durham station which is 7.7 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, Fox Covert, Spennymoor, 45.4% of property is privately owned with a mortgage and 29.9% 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, Fox Covert, Spennymoor, 18.1% of residents are recorded as possessing school level qualifications and 29.9% 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, Fox Covert, Spennymoor, the average age was 46.7 and the most common age was 67.
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, Fox Covert, 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, Fox Covert, Spennymoor, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
