48, Tweed Road
48, Tweed Road
Description & Estimates
The public record lists 48, Tweed Road, Spennymoor as a freehold house sitting on a 248 m2 plot.
Comparison with its neighbours suggests an early-century house with 450 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
48, Tweed Road, Spennymoor has an estimated sale value of £69,302 and an estimated rental value of £532 per month, assuming reasonable condition and based on the information available.
Tweed Road, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
48, Tweed Road, Spennymoor has a single entry in the Land Registry from July 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 48, Tweed Road, Spennymoor would be worth £72,768, with a potential rental value of £559 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,451, with a rental value of £495 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, Tweed Road, Spennymoor has fallen by £1,116 (1.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £14 (2.6%). The property's estimated gross yield is currently 9.2%.
Plot Size
48, Tweed Road, Spennymoor occupies a 248 m2 plot as recorded by HM Land Registry.
Of the 27 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 10th largest.
Sold Prices
48, Tweed Road, Spennymoor last changed hands on 24th July 2014, selling for £32,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 47.5% since July 2014.
- Sold Jul 2014£32,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 840 metres of 48, Tweed Road, Spennymoor across the last 2 years.
Most recently, 7, Wolsey Road, Spennymoor, DL16 6SP, a freehold house, sold at £117,000 on the 27th September 2024.
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
Our analysis of the public data ranks 48, Tweed Road, Spennymoor as the 67th largest and the 62nd most expensive of the 68 addresses on Tweed Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £76k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
Durham station is the nearest stop to 48, Tweed Road, Spennymoor at 7.8 kilometres away.
- 7.8kmDurham
- 8.3kmBishop Auckland
- 9.8kmShildon
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.
