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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
According to the public record, 7, Watson Park, Spennymoor is a modern freehold house with 474 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Watson Park, Spennymoor is £114,219 and the estimated rental value is £729 per month.
Watson Park, Spennymoor, DL16 is located within the DL16 postal district.
7, Watson Park, Spennymoor has a single entry in the Land Registry from June 2012 and a single entry in the EPC database dated August 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 7, Watson Park, Spennymoor is in very good condition we estimate a sale value of £119,930 and a rental value of £765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,224 and a rental value of £678 per month.
Over the last 12 months the sale value of 7 Watson Park Spennymoor has decreased by an estimated £1,839 (1.6%) and its rental value has increased by an estimated £19 per month (2.6%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 7, Watson Park, Spennymoor sits on a plot of 217m2.
We have plot size data on 86 out of 88 other houses in the postcode and 7, Watson Park, Spennymoor sits on the 33rd largest plot.
7, Watson Park, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Watson Park, Spennymoor was last sold on 15th June 2012 for £159,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Watson Park, Spennymoor within a radius of 960 metres over the last 2 years.
The most recent example is 20, Watson Park, Spennymoor, DL16 6NB, a freehold house which sold for £159,950 on the 16th December 2011.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watson Park, Spennymoor, DL16 has a total of 153 addresses. According to our analysis of all the public data, 7, Watson Park, Spennymoor is the 148th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in DL16.
The closest station to 7, Watson Park, Spennymoor is Bishop Auckland station which is 8.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Watson Park, 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 7, Watson Park, 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 7, Watson Park, 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 7, Watson Park, 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.
