Our Data Sources
43, Gibside Way, Spennymoor has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated April 2021.
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 43, Gibside Way, Spennymoor, we estimate a market value of £187,185 and a rental value of £1,022 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,793 and £905 per month respectively.
Plot Size
HM Land Registry records the plot of land for 43, Gibside Way, Spennymoor as measuring 160 m2.
That makes it the 13th largest plot in the postcode, where 30 of the 75 other houses have recorded plot data.
Energy Efficiency
43, Gibside Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2021.
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 43, Gibside Way, Spennymoor completed on 14th May 2021 at £153,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.3% over the period since May 2021.
- Sold May 2021£153,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Gibside Way, Spennymoor have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2024, was 37, Gibside Way, Spennymoor, DL16 7GQ, a freehold house which sold for £140,000.
Read more about house prices in DL16.
- Sold May 2024£140,000 | 3 Bed House37, Gibside Way, Spennymoor, DL16 7GQ37, Gibside Way, Spennymoor, DL16 7GQ
- Sold Jun 2021£140,596 | 3 Bed House45, Gibside Way, Spennymoor, DL16 7GQ45, Gibside Way, Spennymoor, DL16 7GQ
- Sold May 2021£147,725 | 3 Bed House47, Gibside Way, Spennymoor, DL16 7GQ47, Gibside Way, Spennymoor, DL16 7GQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 75 addresses on Gibside Way, Spennymoor, DL16, 43, Gibside Way, Spennymoor comes out as the 44th largest and the 55th most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 800mRosa Street Primary and Nursery Academy
- 900mKing Street Primary School
- 1.2kmSpringmoor Grange School
- 900mWhitworth Park Academy
- 3.3kmFerryhill School
- 4.9kmParkside Academy
More reading links
Public Transport Nearby
- 6.5kmBishop Auckland
- 8.6kmShildon
- 8.7kmDurham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
