17 Faraday Close

    17, FARADAY CLOSE, SPENNYMOOR, DL16 7UY

    This terraced freehold property on Faraday Close last sold in September 2024 for £126,500. Based on price growth in the DL16 district since then, its estimated current value is £124,746 — placing it in the 8th percentile nationally and the 35th percentile within DL16. The property covers 68 m² (732 sq ft), giving an estimated value of £1,835 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £126,500

    Sept 2024

    Estimated Valuation

    £124,746

    Est. £/sq ft

    £170/sq ft

    £1,835/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area732 sq ft (68 m²)
    EPC dateAug 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2024

    £126,500

    19 Dec 2014

    New build

    £115,995

    Key Metrics

    Estimated valuation£124,746
    Value per sq ft / m²£170/sq ft (£1,835/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile35th percentile
    National percentile8th 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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