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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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Public records show 58, Hewick Road, Spennymoor to be a modern freehold house with 1,732 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
58, Hewick Road, Spennymoor has an estimated sale value of £293,925 and an estimated rental value of £1,367 per month, assuming reasonable condition and based on the information available.
Hewick Road, Spennymoor, DL16 lies within the DL16 postal district.
58, Hewick Road, Spennymoor has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated June 2019.
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.
In very good condition, we estimate 58, Hewick Road, Spennymoor would be worth £308,621, with a potential rental value of £1,436 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £273,350, with a rental value of £1,272 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 58, Hewick Road, Spennymoor has decreased by £4,422 (1.5%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (2.7%). The property's estimated gross yield is currently 5.6%.
58, Hewick Road, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
58, Hewick Road, Spennymoor last changed hands on 14th June 2019, selling for £278,950. 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 0.4% since June 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 58, Hewick Road, Spennymoor across the last 2 years.
Most recently, 51, Hewick Road, Spennymoor, DL16 6PF, a freehold house, sold at £320,000 on the 26th May 2024.
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 58, Hewick Road, Spennymoor as the 10th largest and the 11th most expensive of the 67 addresses on Hewick Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £149k more expensive than the typical property.
Durham station is the nearest stop to 58, Hewick Road, Spennymoor at 8.2 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 58, Hewick Road, Spennymoor, % of property is and % is .
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 58, Hewick Road, Spennymoor, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 58, Hewick Road, Spennymoor, 0.0% 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 58, Hewick Road, Spennymoor, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
