44, Tweed Road
44, Tweed Road
Description & Estimates
44, Tweed Road, Spennymoor is described in the public record as a mid-century apartment with 632 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 44, Tweed Road, Spennymoor is £41,888 and its rental estimate is £332 per month, given the available information and assuming reasonable condition.
Tweed Road, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
44, Tweed Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated March 2009.
We combine this information with public data 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.
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 44, Tweed Road, Spennymoor, we estimate a market value of £43,983 and a rental value of £349 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £38,956 and £309 per month respectively.
Recent Market Change
Over the last year, 44, Tweed Road, Spennymoor has seen its estimated sale value fall by £1,133 (2.7%) and its estimated rental value move up by £5 per month (1.5%). This results in an estimated gross rental yield of 9.5%.
Energy Efficiency
44, Tweed Road, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 44, Tweed Road, Spennymoor have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2019, was 237, Durham Road, Spennymoor, DL16 6JX, a leasehold flat which sold for £32,500.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 68 addresses on Tweed Road, Spennymoor, DL16, 44, Tweed Road, Spennymoor comes out as the 62nd largest and the 64th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the DL16 district.
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Schools Nearby
- 600mSt Charles' Catholic Primary School, Tudhoe
- 900mSpringmoor Grange School
- 1.0kmTudhoe Colliery Primary School
- 2.5kmWhitworth Park Academy
- 2.9kmFerryhill School
- 6.8kmParkside Academy
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Public Transport Nearby
From 44, Tweed Road, Spennymoor, the nearest station is Durham, 7.8 kilometres away.
- 7.8kmDurham
- 8.3kmBishop Auckland
- 9.8kmShildon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
