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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, 9, Studley Drive, Spennymoor is a modern house with 1,593 ft2 of internal area and sits on a 290 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, Studley Drive, Spennymoor is £236,470 and the estimated rental value is £1,210 per month.
Studley Drive, Spennymoor, DL16 is located within the DL16 postal district.
9, Studley Drive, Spennymoor has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Studley Drive, Spennymoor is in very good condition we estimate a sale value of £248,294 and a rental value of £1,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,917 and a rental value of £1,125 per month.
Over the last 12 months the sale value of 9 Studley Drive Spennymoor has decreased by an estimated £3,557 (1.5%) and its rental value has increased by an estimated £33 per month (2.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 9, Studley Drive, Spennymoor sits on a plot of 290m2.
We have plot size data on 54 out of 54 other houses in the postcode and 9, Studley Drive, Spennymoor sits on the 18th largest plot.
9, Studley Drive, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 9, Studley Drive, Spennymoor was last sold on 27th October 2006 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Studley Drive, Spennymoor within a radius of 580 metres over the last 2 years.
The most recent example is 18, Alnwick Drive, Spennymoor, DL16 7GE, a freehold house which sold for £275,000 on the 2nd June 2023.
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, 9, Studley Drive, Spennymoor is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in DL16.
The closest station to 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.
