88, Craddock Street
88, Craddock Street
Description & Estimates
88, Craddock Street, Spennymoor is recorded publicly as a period freehold house across 473 ft2 of internal area, sitting on a 78.7 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 88, Craddock Street, Spennymoor is £46,153 and its rental estimate is £355 per month, given the available information and assuming reasonable condition.
Craddock Street, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
88, Craddock Street, Spennymoor has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated March 2015.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 88, Craddock Street, Spennymoor, we estimate a market value of £48,460 and a rental value of £372 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £42,922 and £330 per month respectively.
Recent Market Change
Over the last year, 88, Craddock Street, Spennymoor has seen its estimated sale value decline by £743 (1.6%) and its estimated rental value climb by £9 per month (2.6%). This results in an estimated gross rental yield of 9.2%.
Plot Size
HM Land Registry records the plot of land for 88, Craddock Street, Spennymoor as measuring 79 m2.
That makes it the 3rd largest plot in the postcode, where 29 of the 30 other houses have recorded plot data.
Energy Efficiency
88, Craddock Street, Spennymoor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 88, Craddock Street, Spennymoor completed on 7th August 2015 at £48,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 124.2% over the period since August 2015.
- Sold Aug 2015£48,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 670 metres of 88, Craddock Street, Spennymoor, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2021, was 94, Craddock Street, Spennymoor, DL16 7TB, a freehold house which sold for £45,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 120 addresses on Craddock Street, Spennymoor, DL16, 88, Craddock Street, Spennymoor comes out as the 117th largest and the 97th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the DL16 district.
More reading links
Schools Nearby
- 200mRosa Street Primary and Nursery Academy
- 600mMiddlestone Moor Academy
- 800mKing Street Primary School
- 500mWhitworth Park Academy
- 2.4kmFerryhill School
- 5.5kmParkside Academy
More reading links
Public Transport Nearby
From 88, Craddock Street, Spennymoor, the nearest station is Bishop Auckland, 6.2 kilometres away.
- 6.2kmBishop Auckland
- 7.9kmShildon
- 9.2kmNewton Aycliffe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
