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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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According to the public record, 6, Lumley Close, Spennymoor is a mid-century freehold house with 893 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Lumley Close, Spennymoor is £154,953 and the estimated rental value is £930 per month.
Lumley Close, Spennymoor, DL16 is located within the DL16 postal district.
6, Lumley Close, Spennymoor has 5 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated December 2013.
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.
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 6, Lumley Close, Spennymoor is in very good condition we estimate a sale value of £162,701 and a rental value of £976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,106 and a rental value of £864 per month.
Over the last 12 months the sale value of 6 Lumley Close Spennymoor has decreased by an estimated £2,121 (1.4%) and its rental value has increased by an estimated £27 per month (2.9%), giving an expected gross yield of 7.2%.
According to data from HM Land Registry, 6, Lumley Close, Spennymoor sits on a plot of 208m2.
We have plot size data on 11 out of 11 other houses in the postcode and 6, Lumley Close, Spennymoor sits on the 9th largest plot.
6, Lumley Close, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 6, Lumley Close, Spennymoor was last sold on 28th November 2019 for £125,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since November 2019, the market for similar properties has risen 62.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lumley Close, Spennymoor within a radius of 690 metres over the last 2 years.
The most recent example is 10, Bowes Grove, Spennymoor, DL16 6LT, a freehold house which sold for £140,000 on the 28th November 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lumley Close, Spennymoor, DL16 has a total of 11 addresses. According to our analysis of all the public data, 6, Lumley Close, Spennymoor is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in DL16.
The closest station to 6, Lumley Close, Spennymoor is Bishop Auckland station which is 7.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Lumley Close, Spennymoor, 58.7% of property is privately owned outright and 29.0% is privately owned with a mortgage.
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 6, Lumley Close, Spennymoor, 12.6% of residents are recorded as possessing school level qualifications and 31.9% 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 6, Lumley Close, Spennymoor, the average age was 46.7 and the most common age was 67.
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 6, Lumley Close, Spennymoor, 2.1% 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 6, Lumley Close, Spennymoor, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
