8 Pearson Street

    8, PEARSON STREET, SPENNYMOOR, DL16 6HP

    This terraced freehold property on Pearson Street last sold in February 2023 for £50,000. Based on price growth in the DL16 district since then, its estimated current value is £53,504 — placing it in the 0th percentile nationally and the 4th percentile within DL16. The property covers 60 m² (646 sq ft), giving an estimated value of £892 per m². The EPC rating is F, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £50,000

    Feb 2023

    Estimated Valuation

    £53,504

    Est. £/sq ft

    £83/sq ft

    £892/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialA
    Floor area646 sq ft (60 m²)
    EPC dateJan 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Feb 2023

    £50,000

    31 Mar 2008

    £83,000

    Key Metrics

    Estimated valuation£53,504
    Value per sq ft / m²£83/sq ft (£892/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile4th percentile
    National percentile0th percentile

    District Context — DL16

    DL16 covers rural and small-town communities in County Durham, situated in the north-east of England. It is a traditional working area with a quieter pace of life and strong community ties.

    Average Property Price - DL16

    £165,182

    5

    National percentile

    Average Net Household Income - DL16

    £33,798

    24

    National percentile

    10-Year Annualised Price Growth - DL16

    2.7%

    21

    National percentile

    10-Year Annualised Rent Growth - DL

    3.2%

    14

    National percentile

    View full analysis for DL16

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