Racecourse House Chestnut Avenue

    RACECOURSE HOUSE, CHESTNUT AVENUE, SPENNYMOOR, SPENNYMOOR, DL16 7SN

    This detached freehold property on Chestnut Avenue last sold in May 2008 for £135,000. Based on price growth in the DL16 district since then, its estimated current value is £170,338 — placing it in the 17th percentile nationally and the 55th percentile within DL16. The property covers 122 m² (1,313 sq ft), giving an estimated value of £1,396 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £135,000

    May 2008

    Estimated Valuation

    £170,338

    Est. £/sq ft

    £130/sq ft

    £1,396/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,313 sq ft (122 m²)
    EPC dateDec 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2008

    £135,000

    26 Jun 1998

    £50,000

    Key Metrics

    Estimated valuation£170,338
    Value per sq ft / m²£130/sq ft (£1,396/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile55th percentile
    National percentile17th 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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