4 Ormesby Way

    4, ORMESBY WAY, SPENNYMOOR, DL16 7FN

    This detached freehold property on Ormesby Way last sold in March 2022 for £438,000. Based on price growth in the DL16 district since then, its estimated current value is £440,918 — placing it in the 73rd percentile nationally and the 98th percentile within DL16. The property covers 220 m² (2,368 sq ft), giving an estimated value of £2,004 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,368 sq ft

    220 m²

    Last Sale Price

    £438,000

    Mar 2022

    Estimated Valuation

    £440,918

    Est. £/sq ft

    £186/sq ft

    £2,004/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area2,368 sq ft (220 m²)
    EPC dateJan 2016
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2022

    £438,000

    5 Feb 2016

    New build

    £359,995

    Key Metrics

    Estimated valuation£440,918
    Value per sq ft / m²£186/sq ft (£2,004/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile98th percentile
    National percentile73rd 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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