3 Ormesby Way

    3, ORMESBY WAY, SPENNYMOOR, DL16 7FN

    This detached freehold property on Ormesby Way last sold in November 2022 for £292,500. Based on price growth in the DL16 district since then, its estimated current value is £294,449 — placing it in the 48th percentile nationally and the 93rd percentile within DL16. The property covers 138 m² (1,485 sq ft), giving an estimated value of £2,134 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £292,500

    Nov 2022

    Estimated Valuation

    £294,449

    Est. £/sq ft

    £198/sq ft

    £2,134/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,485 sq ft (138 m²)
    EPC dateAug 2022
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2022

    £292,500

    14 Aug 2015

    New build

    £232,995

    Key Metrics

    Estimated valuation£294,449
    Value per sq ft / m²£198/sq ft (£2,134/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile93rd percentile
    National percentile48th 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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