48, Durham Street
48, Durham Street
Description & Estimates
Public records show 48, Durham Street, Spennymoor to be a period freehold house with 785 ft2 of internal area, sitting on a 66.2 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
48, Durham Street, Spennymoor has an estimated sale value of £64,368 and an estimated rental value of £483 per month, assuming reasonable condition and based on the information available.
Durham Street, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
48, Durham Street, Spennymoor has 2 entries in the Land Registry , most recently in September 2010 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 48, Durham Street, Spennymoor would be worth £67,586, with a potential rental value of £507 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £59,862, with a rental value of £449 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Durham Street, Spennymoor has decreased by £881 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (2.9%). The property's estimated gross yield is currently 9.0%.
Plot Size
48, Durham Street, Spennymoor occupies a 66 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 24th largest.
Energy Efficiency
48, Durham Street, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
48, Durham Street, Spennymoor last changed hands on 2nd September 2010, selling for £68,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 7.0% since September 2010.
- Sold Sep 2010£68,500
- Sold May 2007£61,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 48, Durham Street, Spennymoor across the last 2 years.
Most recently, 10, Albion Street, Spennymoor, DL16 7AP, a freehold house, sold at £62,000 on the 12th April 2024.
Read more about house prices in DL16.
- Sold Apr 2024£62,000 | 3 Bed House10, Albion Street, Spennymoor, DL16 7AP10, Albion Street, Spennymoor, DL16 7AP
- Sold Sep 2022£54,000 | 3 Bed House24, Wood Street, Spennymoor, DL16 7AU24, Wood Street, Spennymoor, DL16 7AU
- Sold Jan 2018£54,500 | 3 Bed House28, Wood Street, Spennymoor, DL16 7AU28, Wood Street, Spennymoor, DL16 7AU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 48, Durham Street, Spennymoor as the 34th largest and the 34th most expensive of the 37 addresses on Durham Street, Spennymoor, DL16.
Against the DL16 postcode district average, it is £81k less expensive than the typical property.
More reading links
Schools Nearby
- 900mMiddlestone Moor Academy
- 1.5kmRosa Street Primary and Nursery Academy
- 2.3kmKing Street Primary School
- 1.1kmWhitworth Park Academy
- 3.1kmFerryhill School
- 4.2kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 48, Durham Street, Spennymoor at 4.8 kilometres away.
- 4.8kmBishop Auckland
- 6.7kmShildon
- 8.4kmNewton Aycliffe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
