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According to the public record, 41, Cragside Close, Spennymoor is a modern freehold house with 1,054 ft2 of internal area and sits on a 349 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 41, Cragside Close, Spennymoor is £223,529 and the estimated rental value is £1,014 per month.
Cragside Close, Spennymoor, DL16 is located within the DL16 postal district.
41, Cragside Close, Spennymoor has 41 entries in the Land Registry , most recently in August 2008 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 41, Cragside Close, Spennymoor is in very good condition we estimate a sale value of £234,706 and a rental value of £1,065 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,882 and a rental value of £943 per month.
Over the last 12 months the sale value of 41 Cragside Close Spennymoor has increased by an estimated £1,351 (0.6%) and its rental value has increased by an estimated £38 per month (3.8%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 41, Cragside Close, Spennymoor sits on a plot of 349m2.
We have plot size data on 34 out of 40 other houses in the postcode and 41, Cragside Close, Spennymoor sits on the 6th largest plot.
41, Cragside Close, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Cragside Close, Spennymoor was last sold on 1st August 2008 for £175,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2008, the market for similar properties has risen 60.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Cragside Close, Spennymoor within a radius of 780 metres over the last 2 years.
The most recent example is 6, Yew Close, Spennymoor, DL16 7XY, a freehold house which sold for £220,000 on the 25th November 2022.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cragside Close, Spennymoor, DL16 has a total of 40 addresses. According to our analysis of all the public data, 41, Cragside Close, Spennymoor is the 7th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in DL16.
The closest station to 41, Cragside Close, Spennymoor is Bishop Auckland station which is 6.1 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 41, Cragside Close, Spennymoor, 48.3% of property is privately owned outright and 37.7% is privately owned with a mortgage.
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 41, Cragside Close, Spennymoor, 11.7% of residents are recorded as possessing school level qualifications and 34.1% 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 41, Cragside Close, 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 41, Cragside Close, Spennymoor, 0.8% 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 41, Cragside Close, Spennymoor, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
