55, Abbey Green
55, Abbey Green
Description & Estimates
Public records show 55, Abbey Green, Spennymoor to be a modern freehold house with 1,356 ft2 of internal area, sitting on a 322 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
55, Abbey Green, Spennymoor has an estimated sale value of £238,305 and an estimated rental value of £1,137 per month, assuming reasonable condition and based on the information available.
Abbey Green, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
55, Abbey Green, Spennymoor has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 55, Abbey Green, Spennymoor would be worth £250,220, with a potential rental value of £1,194 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £221,624, with a rental value of £1,058 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 55, Abbey Green, Spennymoor has declined by £3,585 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (2.7%). The property's estimated gross yield is currently 5.7%.
Plot Size
55, Abbey Green, Spennymoor occupies a 322 m2 plot as recorded by HM Land Registry.
Of the 55 other houses in this postcode, 51 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
55, Abbey Green, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
55, Abbey Green, Spennymoor last changed hands on 25th August 2020, selling for £214,000. 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 dropped by 3.8% since August 2020.
- Sold Aug 2020£214,000
- Sold Jun 2015£213,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 910 metres of 55, Abbey Green, Spennymoor across the last 2 years.
Most recently, 14, Abbey Green, Spennymoor, DL16 6PD, a freehold house, sold at £275,000 on the 10th May 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 55, Abbey Green, Spennymoor as the 4th largest and the 4th most expensive of the 55 addresses on Abbey Green, Spennymoor, DL16.
Against the DL16 postcode district average, it is £93k more expensive than the typical property.
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Schools Nearby
- 1.0kmSt Charles' Catholic Primary School, Tudhoe
- 1.1kmNorth Park Primary School
- 1.3kmSpringmoor Grange School
- 2.4kmFerryhill School
- 2.8kmWhitworth Park Academy
- 7.3kmParkside Academy
More reading links
Public Transport Nearby
Durham station is the nearest stop to 55, Abbey Green, Spennymoor at 8.2 kilometres away.
- 8.2kmDurham
- 8.5kmBishop Auckland
- 9.7kmShildon
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.
