7, Allerton Way
7, Allerton Way
Description & Estimates
7, Allerton Way, Spennymoor is recorded publicly as a modern freehold house across 613 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Allerton Way, Spennymoor is £144,741 and its rental estimate is £872 per month, given the available information and assuming reasonable condition.
Allerton Way, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
7, Allerton Way, Spennymoor has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated January 2022.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Allerton Way, Spennymoor, we estimate a market value of £151,978 and a rental value of £916 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £134,609 and £811 per month respectively.
Recent Market Change
Over the last year, 7, Allerton Way, Spennymoor has seen its estimated sale value move down by £1,981 (1.4%) and its estimated rental value increase by £25 per month (2.9%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
7, Allerton Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Allerton Way, Spennymoor completed on 24th January 2022 at £133,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.2% over the period since January 2022.
- Sold Jan 2022£133,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Allerton Way, Spennymoor have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2022, was 22, Allerton Way, Spennymoor, DL16 7FQ, a freehold house which sold for £135,995.
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
Of the 23 addresses on Allerton Way, Spennymoor, DL16, 7, Allerton Way, Spennymoor comes out as the 19th largest and the 23rd most expensive in our analysis of the public data.
It is also £413 less expensive than the average property across the DL16 district.
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Schools Nearby
- 800mRosa Street Primary and Nursery Academy
- 800mKing Street Primary School
- 1.1kmSpringmoor Grange School
- 1.0kmWhitworth Park Academy
- 3.3kmFerryhill School
- 4.9kmParkside Academy
More reading links
Public Transport Nearby
From 7, Allerton Way, Spennymoor, the nearest station is Bishop Auckland, 6.6 kilometres away.
- 6.6kmBishop Auckland
- 8.6kmDurham
- 8.7kmShildon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
