18 Faraday Close

    18, FARADAY CLOSE, SPENNYMOOR, DL16 7UY

    This flat/maisonette freehold property on Faraday Close last sold in October 2020 for £91,000. Based on price growth in the DL16 district since then, its estimated current value is £131,318 — placing it in the 9th percentile nationally and the 38th percentile within DL16. The property covers 68 m² (732 sq ft), giving an estimated value of £1,931 per m². The EPC rating is C, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £91,000

    Oct 2020

    Estimated Valuation

    £131,318

    Est. £/sq ft

    £179/sq ft

    £1,931/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formDetached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialA
    Floor area732 sq ft (68 m²)
    EPC dateSept 2014
    WallsAverage thermal transmittance 0.28 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2020

    £91,000

    26 Feb 2015

    £89,995

    Key Metrics

    Estimated valuation£131,318
    Value per sq ft / m²£179/sq ft (£1,931/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile38th percentile
    National percentile9th 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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