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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
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According to the public record, 8, Studley Drive, Spennymoor is a modern freehold house with 636 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Studley Drive, Spennymoor is £190,464 and the estimated rental value is £1,063 per month.
Studley Drive, Spennymoor, DL16 is located within the DL16 postal district.
8, Studley Drive, Spennymoor has a single entry in the Land Registry from December 2008 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Studley Drive, Spennymoor is in very good condition we estimate a sale value of £199,987 and a rental value of £1,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,131 and a rental value of £989 per month.
Over the last 12 months the sale value of 8 Studley Drive Spennymoor has decreased by an estimated £2,607 (1.4%) and its rental value has increased by an estimated £31 per month (2.9%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 8, Studley Drive, Spennymoor sits on a plot of 411m2.
We have plot size data on 54 out of 54 other houses in the postcode and 8, Studley Drive, Spennymoor sits on the 5th largest plot.
8, Studley Drive, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
According to HM Land Registry, 8, Studley Drive, Spennymoor was last sold on 8th December 2008 for £191,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2008, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Studley Drive, Spennymoor within a radius of 610 metres over the last 2 years.
The most recent example is 26, Rokeby Way, Spennymoor, DL16 7FB, a freehold house which sold for £127,000 on the 10th March 2025.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studley Drive, Spennymoor, DL16 has a total of 72 addresses. According to our analysis of all the public data, 8, Studley Drive, Spennymoor is the 70th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in DL16.
The closest station to 8, Studley Drive, Spennymoor is Bishop Auckland station which is 6.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Studley Drive, Spennymoor, 60.3% of property is privately owned with a mortgage and 19.5% is privately owned outright.
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, Studley Drive, Spennymoor, 24.3% of residents are recorded as possessing school level qualifications and 41.5% 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, Studley Drive, 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 8, Studley Drive, Spennymoor, 0.7% 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, Studley Drive, Spennymoor, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
