Our Data Sources
4, Ormesby Way, Spennymoor has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated January 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
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, Ormesby Way, Spennymoor, we estimate a market value of £344,964 and a rental value of £1,557 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £305,539 and £1,379 per month respectively.
Plot Size
HM Land Registry records the plot of land for 4, Ormesby Way, Spennymoor as measuring 497 m2.
That makes it the largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
4, Ormesby Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 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
The most recent sale of 4, Ormesby Way, Spennymoor completed on 4th March 2022 at £438,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.6% over the period since March 2022.
- Sold Mar 2022£438,000
- Sold Feb 2016£359,995
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4, Ormesby Way, Spennymoor have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2014, was 14, Ormesby Way, Spennymoor, DL16 7FN, a freehold house which sold for £307,995.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Ormesby Way, Spennymoor, DL16, 4, Ormesby Way, Spennymoor comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £180k more expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- Rosa Street Primary and Nursery Academy800 m away
- King Street Primary School1.1 km away
- Middlestone Moor Academy1.2 km away
- Whitworth Park Academy800 m away
- Ferryhill School3.4 km away
- Parkside Academy4.6 km away
More reading links
Public Transport Nearby
- Bishop Auckland|6.2 km away
- Shildon|8.4 km away
- Durham|9.0 km away
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
