Robinsons says ..
Robinsons are pleased to offer to the market this TWO BEDROOM MID TERRACED HOUSE which is offered to the market with no onward chain. The property is also conveniently located and lies approximately a five minute walk from Spennymoor Town Centre, local shops, schools and amenities. Ideal for the ...
Property Oracle says ..
This two-bedroom terraced house in Spennymoor, County Durham is listed at £45,000. The property appears to have recently undergone some modernisation, with new carpets and a fresh coat of paint throughout. While the images show a clean and well-maintained interior, the exterior and small yard appear somewhat basic. The location is close to several primary and secondary schools with good Ofsted ratings, and there are train stations within reasonable commuting distance. However, the average house price in the area is significantly higher (£173,516), and nearby comparable properties are listed at much higher prices, ranging from £33,000 to £92,250. Given the average price per square foot in the area is £177, and this property is 959 sqft, one might expect a price closer to £170,000. Therefore, the list price of £45,000 appears exceptionally low compared to local market values, suggesting it may be undervalued or there may be undisclosed factors affecting its value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 2
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 959.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 141,781.00 £Decreased by 4.36 %
- Est sale value
- 163,030.00 £Increased by 21.43 %
- Average area rental value
- 655.00 £/moDecreased by 27.86 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 5.54 %Decreased by 24.63 %
- Crime Rate
- 31.00 %Unchanged by 0.00 %
Agent Activity
Robinsons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rosa Street Primary School | Academy Sponsor Led | Good | 0.57 KM |
| King Street Primary School | Community School | Good | 0.77 KM |
| Ox Close Primary School | Community School | Good | 0.85 KM |
| Oxclose Nursery School | Local Authority Nursery School | Outstanding | 0.91 KM |
| The Oaks Secondary School | Community Special School | Outstanding | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Auckland Walk | £ 84,950 | 0 | 0.00 KM |
| Lothian Close | £ 44,500 | 0 | 0.00 KM |
| Thompson Street | £ 169,995 | 0 | 0.00 KM |
| Sycamore Court | £ 0 | 0 | 0.00 KM |
| Colliery Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shildon | 7893 | SHD | 8.61 KM |
| Newton Aycliffe | 7834 | NAY | 9.29 KM |
| Bishop Auckland | 7835 | BIA | 9.30 KM |
| Durham | 7745 | DHM | 9.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Baff Street, Spennymoor | £ 45,000 | BUY | 5 / 10 | 0.00 KM |
| Baff Street, Spennymoor, County Durham, DL16 | £ 92,250 | BUY | 5 / 10 | 0.01 KM |
| South Street, Spennymoor | £ 45,000 | BUY | 5 / 10 | 0.03 KM |
| Baff Street, Spennymoor | £ 59,995 | BUY | 6 / 10 | 0.04 KM |
| South Street, ,, Spennymoor, Durham, DL16 7TT | £ 70,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 34 Baff Street | £ 41,000 | 0.01 KM |
| 33 Baff Street | £ 76,999 | 0.01 KM |
| 32 Baff Street | £ 37,500 | 0.01 KM |
| 40 Baff Street | £ 58,000 | 0.01 KM |
| 45 Baff Street | £ 38,500 | 0.01 KM |