8, Tweed Road
8, Tweed Road
Description & Estimates
The public record describes 8, Tweed Road, Spennymoor as an early-century house with 818 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Tweed Road, Spennymoor has an estimated sale value of £93,277 and an estimated rental value of £693 per month, assuming reasonable condition and based on the information available.
Tweed Road, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
8, Tweed Road, Spennymoor has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 8, Tweed Road, Spennymoor would be worth £97,941, with a potential rental value of £727 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £86,747, with a rental value of £644 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 8, Tweed Road, Spennymoor has declined by £1,276 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (2.9%). The property's estimated gross yield is currently 8.9%.
Energy Efficiency
8, Tweed Road, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 8, Tweed Road, Spennymoor across the last 2 years.
Most recently, 4, York Hill Crescent, Spennymoor, DL16 6SU, a freehold house, sold at £92,000 on the 1st June 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 8, Tweed Road, Spennymoor as the 59th largest and the 43rd most expensive of the 68 addresses on Tweed Road, Spennymoor, DL16.
Against the DL16 postcode district average, it is £52k less expensive than the typical property.
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Schools Nearby
- 600mSt Charles' Catholic Primary School, Tudhoe
- 900mSpringmoor Grange School
- 1.0kmTudhoe Colliery Primary School
- 2.5kmWhitworth Park Academy
- 2.9kmFerryhill School
- 6.8kmParkside Academy
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Public Transport Nearby
Durham station is the nearest stop to 8, Tweed Road, Spennymoor at 7.8 kilometres away.
- 7.8kmDurham
- 8.3kmBishop Auckland
- 9.8kmShildon
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.
