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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
The public record describes 79, Heath Road, Spennymoor as a mid-century house with 721 ft2 of internal area, sitting on a 207 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
79, Heath Road, Spennymoor has an estimated sale value of £82,673 and an estimated rental value of £634 per month, assuming reasonable condition and based on the information available.
Heath Road, Spennymoor, DL16 lies within the DL16 postal district.
79, Heath Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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.
In very good condition, we estimate 79, Heath Road, Spennymoor would be worth £86,807, with a potential rental value of £665 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £76,886, with a rental value of £589 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 79, Heath Road, Spennymoor has decreased by £1,131 (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 9.2%.
79, Heath Road, Spennymoor occupies a 207 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 3rd largest.
79, Heath Road, Spennymoor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 79, 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.
Our analysis of the public data ranks 79, Heath Road, Spennymoor as the 69th largest and the 40th most expensive of the 76 addresses on Heath Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £62k less expensive than the typical property.
Bishop Auckland station is the nearest stop to 79, Heath Road, Spennymoor at 5.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 79, Heath Road, Spennymoor, 33.7% of property is privately rented and 32.6% is socially rented.
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 79, Heath Road, Spennymoor, 21.6% of residents are recorded as possessing school level qualifications and 23.8% 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 79, Heath Road, Spennymoor, the average age was 41.4 and the most common age was 52.
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 79, Heath Road, Spennymoor, 0.6% 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 79, Heath Road, Spennymoor, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
