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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
According to the public record, 43, Parkside, Spennymoor is a mid-century freehold house with 861 ft2 of internal area.
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 43, Parkside, Spennymoor is £167,296 and the estimated rental value is £964 per month.
Parkside, Spennymoor, DL16 is located within the DL16 postal district.
43, Parkside, Spennymoor has 31 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 43, Parkside, Spennymoor is in very good condition we estimate a sale value of £175,661 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,585 and a rental value of £897 per month.
Over the last 12 months the sale value of 43 Parkside Spennymoor has decreased by an estimated £2,289 (1.4%) and its rental value has increased by an estimated £28 per month (2.9%), giving an expected gross yield of 6.9%.
43, Parkside, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2021.
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, 43, Parkside, Spennymoor was last sold on 22nd October 2021 for £138,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Parkside, Spennymoor within a radius of 590 metres over the last 2 years.
The most recent example is 63, Parkside, Spennymoor, DL16 6SA, a freehold house which sold for £162,000 on the 28th February 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkside, Spennymoor, DL16 has a total of 113 addresses. According to our analysis of all the public data, 43, Parkside, Spennymoor is the 65th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in DL16.
The closest station to 43, Parkside, Spennymoor is Bishop Auckland station which is 6.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 43, Parkside, Spennymoor, 67.2% of property is privately owned outright and 28.7% 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 43, Parkside, Spennymoor, 8.7% of residents are recorded as possessing school level qualifications and 27.5% 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 43, Parkside, 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 43, Parkside, 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 43, Parkside, 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.
