16 Ormesby Way

    16, ORMESBY WAY, SPENNYMOOR, DL16 7FN

    This semi-detached freehold property on Ormesby Way last sold in June 2014 for £225,000. Based on price growth in the DL16 district since then, its estimated current value is £309,368 — placing it in the 51st percentile nationally and the 94th percentile within DL16. The property covers 124 m² (1,335 sq ft), giving an estimated value of £2,495 per m². The EPC rating is B, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £225,000

    Jun 2014

    Estimated Valuation

    £309,368

    Est. £/sq ft

    £232/sq ft

    £2,495/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateAug 2014
    WallsAverage thermal transmittance 0.35 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Jun 2014

    New build

    £225,000

    Key Metrics

    Estimated valuation£309,368
    Value per sq ft / m²£232/sq ft (£2,495/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile94th percentile
    National percentile51st 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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