7, West Terrace
7, West Terrace
Description & Estimates
Public records show 7, West Terrace, Spennymoor to be a period freehold house with 925 ft2 of internal area, sitting on a 77.3 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, West Terrace, Spennymoor has an estimated sale value of £95,651 and an estimated rental value of £685 per month, assuming reasonable condition and based on the information available.
West Terrace, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
7, West Terrace, Spennymoor has 31 entries in the Land Registry , most recently in March 2008 and a single entry in the EPC database dated June 2021.
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.
Price Range & Condition
In very good condition, we estimate 7, West Terrace, Spennymoor would be worth £100,433, with a potential rental value of £719 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,955, with a rental value of £637 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, West Terrace, Spennymoor has decreased by £1,309 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £20 (2.9%). The property's estimated gross yield is currently 8.6%.
Plot Size
7, West Terrace, Spennymoor occupies a 77 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 24 have recorded plot sizes, and this one ranks as the 20th largest.
Energy Efficiency
7, West Terrace, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, West Terrace, Spennymoor last changed hands on 5th March 2008, selling for £88,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 38.6% since March 2008.
- Sold Mar 2008£88,000
- Sold Oct 2003£69,000
- Sold Sep 2000£32,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 7, West Terrace, Spennymoor across the last 2 years.
Most recently, 18, West Terrace, Spennymoor, DL16 7BW, a freehold house, sold at £75,000 on the 31st July 2023.
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
Our analysis of the public data ranks 7, West Terrace, Spennymoor as the 21st largest and the 21st most expensive of the 31 addresses on West Terrace, Spennymoor, DL16.
Against the DL16 postcode district average, it is £50k less expensive than the typical property.
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Schools Nearby
- 200mMiddlestone Moor Academy
- 600mRosa Street Primary and Nursery Academy
- 1.4kmKing Street Primary School
- 200mWhitworth Park Academy
- 2.6kmFerryhill School
- 5.1kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 7, West Terrace, Spennymoor at 5.7 kilometres away.
- 5.7kmBishop Auckland
- 7.5kmShildon
- 8.9kmNewton Aycliffe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
