8 Drake Street

    8, DRAKE STREET, SPENNYMOOR, DL16 7UD

    This terraced freehold property on Drake Street last sold in March 2015 for £50,000. Based on price growth in the DL16 district since then, its estimated current value is £62,472 — placing it in the 0th percentile nationally and the 6th percentile within DL16. The property covers 105 m² (1,130 sq ft), giving an estimated value of £595 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £50,000

    Mar 2015

    Estimated Valuation

    £62,472

    Est. £/sq ft

    £55/sq ft

    £595/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateOct 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Mar 2015

    £50,000

    6 Jun 2014

    £30,000

    Key Metrics

    Estimated valuation£62,472
    Value per sq ft / m²£55/sq ft (£595/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile6th percentile
    National percentile0th 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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