53, Oval Park
53, Oval Park
Description & Estimates
Public records show 53, Oval Park, Spennymoor to be a mid-century leasehold house with 688 ft2 of internal area, sitting on a 237 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
53, Oval Park, Spennymoor has an estimated sale value of £149,457 and an estimated rental value of £912 per month, assuming reasonable condition and based on the information available.
Oval Park, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
53, Oval Park, Spennymoor has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated November 2016.
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 53, Oval Park, Spennymoor would be worth £156,930, with a potential rental value of £958 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £138,995, with a rental value of £848 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 53, Oval Park, Spennymoor has fallen by £2,045 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £26 (2.9%). The property's estimated gross yield is currently 7.3%.
Plot Size
53, Oval Park, Spennymoor occupies a 237 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
53, Oval Park, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
53, Oval Park, Spennymoor last changed hands on 19th December 2016, selling for £122,660. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 24.8% since December 2016.
- Sold Dec 2016£122,660
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 53, Oval Park, Spennymoor across the last 2 years.
Most recently, 37, Oval Park, Spennymoor, DL16 6LN, a leasehold house, sold at £130,000 on the 4th November 2019.
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 53, Oval Park, Spennymoor as the 51st largest and the 51st most expensive of the 62 addresses on Oval Park, Spennymoor, DL16.
Against the DL16 postcode district average, it is £4k more expensive than the typical property.
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Schools Nearby
- 700mTudhoe Colliery Primary School
- 700mSt Charles' Catholic Primary School, Tudhoe
- 800mSpringmoor Grange School
- 2.4kmWhitworth Park Academy
- 3.2kmFerryhill School
- 6.4kmParkside Academy
More reading links
Public Transport Nearby
Durham station is the nearest stop to 53, Oval Park, Spennymoor at 7.5 kilometres away.
- 7.5kmDurham
- 8.2kmBishop Auckland
- 9.9kmShildon
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.
