71, Heath Road
71, Heath Road
Description & Estimates
Public records show 71, Heath Road, Spennymoor to be a mid-century freehold house with 742 ft2 of internal area, sitting on a 191 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
71, Heath Road, Spennymoor has an estimated sale value of £83,879 and an estimated rental value of £639 per month, assuming reasonable condition and based on the information available.
Heath Road, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
71, Heath Road, Spennymoor has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 71, Heath Road, Spennymoor would be worth £88,073, with a potential rental value of £670 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,007, with a rental value of £594 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 71, Heath Road, Spennymoor has decreased by £1,148 (1.4%) over the last year. During the same period, its estimated monthly rental value has grown by £18 (2.9%). The property's estimated gross yield is currently 9.1%.
Plot Size
71, Heath Road, Spennymoor occupies a 191 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
71, Heath Road, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
71, Heath Road, Spennymoor last changed hands on 28th August 2020, selling for £72,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 119.5% since August 2020.
- Sold Aug 2020£72,000
- Sold Nov 2019£37,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 71, Heath Road, Spennymoor across the last 2 years.
Most recently, 72, Central Drive, Spennymoor, DL16 7DL, a freehold house, sold at £81,000 on the 11th June 2024.
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 71, Heath Road, Spennymoor as the 46th largest and the 25th most expensive of the 76 addresses on Heath Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £61k less expensive than the typical property.
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Schools Nearby
- 200mMiddlestone Moor Academy
- 800mRosa Street Primary and Nursery Academy
- 1.5kmKing Street Primary School
- 400mWhitworth Park Academy
- 2.6kmFerryhill School
- 4.9kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
Bishop Auckland station is the nearest stop to 71, Heath Road, Spennymoor at 5.5 kilometres away.
- 5.5kmBishop Auckland
- 7.3kmShildon
- 8.7kmNewton 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.
