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According to the public record, 9, Marske Way, Spennymoor is a modern freehold house with 1,391 ft2 of internal area and sits on a 337 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 9, Marske Way, Spennymoor is £275,809 and the estimated rental value is £1,283 per month.
Marske Way, Spennymoor, DL16 is located within the DL16 postal district.
9, Marske Way, Spennymoor has 2 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated October 2011.
We combine this information with that 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.
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 9, Marske Way, Spennymoor is in very good condition we estimate a sale value of £289,599 and a rental value of £1,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,502 and a rental value of £1,193 per month.
Over the past 12 months, the estimated sale value of 9, Marske Way, Spennymoor has declined by £4,149 (1.5%), while its estimated rental value has climbed by £35 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.6%.
According to data from HM Land Registry, 9, Marske Way, Spennymoor sits on a plot of 337 m2.
We have plot size data on 10 out of 12 other houses in the postcode and 9, Marske Way, Spennymoor sits on the largest plot.
9, Marske Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9, Marske Way, Spennymoor was last sold on 2nd May 2019 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen by 31.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Marske Way, Spennymoor within a radius of 860 metres over the last 2 years.
The most recent example is 38, Rokeby Way, Spennymoor, DL16 7FB, a freehold house which sold for £293,000 on the 25th April 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marske Way, Spennymoor, DL16 has a total of 12 addresses. According to our analysis of all the public data, 9, Marske Way, Spennymoor is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in DL16.
The closest station to 9, Marske Way, Spennymoor is Bishop Auckland station, which is 6.1 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 9, Marske Way, Spennymoor, % of property is and % is .
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 9, Marske Way, Spennymoor, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 9, Marske Way, Spennymoor, 0.0% 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 9, Marske Way, Spennymoor, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.