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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 57, Lyne Road, Spennymoor as a mid-century house with 796 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
57, Lyne Road, Spennymoor has an estimated sale value of £107,831 and an estimated rental value of £792 per month, assuming reasonable condition and based on the information available.
Lyne Road, Spennymoor, DL16 lies within the DL16 postal district.
57, Lyne Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data 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.
In very good condition, we estimate 57, Lyne Road, Spennymoor would be worth £113,222, with a potential rental value of £832 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,283, with a rental value of £737 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 57, Lyne Road, Spennymoor has dropped by £1,476 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (2.9%). The property's estimated gross yield is currently 8.8%.
57, Lyne Road, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 57, Lyne Road, Spennymoor across the last 2 years.
Most recently, 39, High Croft, Spennymoor, DL16 7AN, a freehold house, sold at £104,000 on the 22nd September 2023.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 57, Lyne Road, Spennymoor as the 60th largest and the 26th most expensive of the 134 addresses on Lyne Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £37k less expensive than the typical property.
Bishop Auckland station is the nearest stop to 57, Lyne Road, Spennymoor at 5.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 57, Lyne Road, Spennymoor, 47.9% of property is socially rented and 22.1% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 57, Lyne Road, Spennymoor, 16.6% of residents are recorded as possessing school level qualifications and 9.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 57, Lyne Road, Spennymoor, the average age was 41.4 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 57, Lyne Road, Spennymoor, 3.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 57, Lyne Road, Spennymoor, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
