8 Ormesby Way

    8, ORMESBY WAY, SPENNYMOOR, DL16 7FN

    This detached freehold property on Ormesby Way last sold in May 2021 for £270,000. Based on price growth in the DL16 district since then, its estimated current value is £326,404 — placing it in the 55th percentile nationally and the 95th percentile within DL16. The property covers 116 m² (1,249 sq ft), giving an estimated value of £2,814 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £270,000

    May 2021

    Estimated Valuation

    £326,404

    Est. £/sq ft

    £261/sq ft

    £2,814/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateAug 2014
    WallsAverage thermal transmittance 0.35 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £270,000

    Key Metrics

    Estimated valuation£326,404
    Value per sq ft / m²£261/sq ft (£2,814/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile95th percentile
    National percentile55th 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

    More properties in DL16

    Streets in DL16

    Explore nearby