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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, 8, Caldermere, Spennymoor is a modern freehold house with 1,227 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Caldermere, Spennymoor is £170,338 and the estimated rental value is £914 per month.
Caldermere, Spennymoor, DL16 is located within the DL16 postal district.
8, Caldermere, Spennymoor has 2 entries in the Land Registry , most recently in May 2024 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 4 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 8, Caldermere, Spennymoor is in very good condition we estimate a sale value of £178,855 and a rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,414 and a rental value of £850 per month.
Over the last 12 months the sale value of 8 Caldermere Spennymoor has decreased by an estimated £2,053 (1.2%) and its rental value has increased by an estimated £30 per month (3.3%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 8, Caldermere, Spennymoor sits on a plot of 240m2.
We have plot size data on 24 out of 24 other houses in the postcode and 8, Caldermere, Spennymoor sits on the 17th largest plot.
8, Caldermere, 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.
According to HM Land Registry, 8, Caldermere, Spennymoor was last sold on 20th May 2024 for £177,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Caldermere, Spennymoor within a radius of 910 metres over the last 2 years.
The most recent example is 4, Buttermere, Spennymoor, DL16 6UD, a freehold house which sold for £207,500 on the 6th December 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caldermere, Spennymoor, DL16 has a total of 24 addresses. According to our analysis of all the public data, 8, Caldermere, Spennymoor is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in DL16.
The closest station to 8, Caldermere, Spennymoor is Bishop Auckland station which is 7.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 8, Caldermere, Spennymoor, 63.5% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 8, Caldermere, Spennymoor, 9.5% of residents are recorded as possessing school level qualifications and 32.6% 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 8, Caldermere, Spennymoor, the average age was 46.7 and the most common age was 67.
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 8, Caldermere, Spennymoor, 1.4% 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 8, Caldermere, Spennymoor, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
