5, Wansbeck Close
5, Wansbeck Close
Description & Estimates
According to the public record, 5, Wansbeck Close, Spennymoor is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Wansbeck Close, Spennymoor is £56,035 and the estimated rental value is £405 per month.
Wansbeck Close, Spennymoor, DL16 is located within the DL16 postal district.
Our Data Sources
5, Wansbeck Close, Spennymoor has 71 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 5, Wansbeck Close, Spennymoor is in very good condition we estimate a sale value of £58,837 and a rental value of £426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,113 and a rental value of £377 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Wansbeck Close, Spennymoor has declined by £1,516 (2.7%), while its estimated rental value has climbed by £6 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 8.7%.
Energy Efficiency
5, Wansbeck Close, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Wansbeck Close, Spennymoor was last sold on 3rd May 2013 for £72,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since May 2013, the market for similar properties has risen by 18.2%.
- Sold May 2013£72,000
- Sold Jun 2008£72,000
- Sold Mar 2007£83,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 5, Wansbeck Close, Spennymoor within a radius of 920 metres over the last 2 years.
The most recent example is 4, Wansbeck Close, Spennymoor, DL16 6XH, a leasehold flat which sold for £46,000 on the 14th July 2023.
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
Wansbeck Close, Spennymoor, DL16 has a total of 17 addresses. According to our analysis of all the public data, 5, Wansbeck Close, Spennymoor is the 8th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in DL16.
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Schools Nearby
- 900mKing Street Primary School
- 1.0kmSpringmoor Grange School
- 1.1kmSt Charles' Catholic Primary School, Tudhoe
- 1.6kmWhitworth Park Academy
- 3.5kmFerryhill School
- 5.2kmParkside Academy
More reading links
Public Transport Nearby
The closest station to 5, Wansbeck Close, Spennymoor is Bishop Auckland station, which is 7.3 kilometres away.
- 7.3kmBishop Auckland
- 8.0kmDurham
- 9.4kmShildon
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
