Postcode district
DL16
Median asking price
£173K
Across 64 for-sale listings
Growth, 3 years
+3.4%
A year, annualised
Gross yield
4.2%
Indicative, from listing medians
Days on market
97
Average time on market
Investment overview
Median asking price
£173K
Average £175K, range £40K to £460K
Gross yield
4.2%
ModerateIndicative gross yield from listing medians
Price growth
% a year, annualised over each horizon
Market heat
Warm
97 days average time on market
Median asking rent
£600/mo
Of 9 to-let listings
Most common type
Semi detached
3 bedrooms on average
Market data
Listings
Summary
Homes listed
73
For sale and to let
Median asking price
£173K
Asking price range
£40K to £460K
Homes analysed
11,305
Behind the growth and area averages
For-sale listings equal 0.6% of the homes analysed.
Strategy fit
Buy to let
ModerateGross yield
4.2%
- Moderate indicative gross yield of 4.2%
- Median asking rent £600 a month
HMO
StrongMedian asking price
£173K
- Low entry price (£173K) keeps conversion costs viable
- 13% of households rent privately
- Most listings are semi detached
Flip
StrongGrowth, 3 years
+3.4% a year
- Prices rising +3.4% a year over 3 years
- Slow exits: 97 days average time on market
Recent listings
The 6 most recently updated for-sale listings, a sample of 64 in DL16.
Watson Park, Spennymoor, County Durham DL16
£149,500
Terraced · Seen 5 Nov 2026
Studley Drive, Spennymoor, County Durham DL16
£98,950
Flat · Seen 5 Nov 2026
Albion Street Spenimowa, Spennymoor DL16
£65,000
Terraced · Seen 4 Nov 2026
Laurel Place, Spennymoor, Durham DL16
£112,500
Semi detached · Seen 4 Nov 2026
The Spinney, Spennymoor DL16
£180,000
Semi detached · Seen 4 Nov 2026
Richmond Street, Byers Green, Spennymoor DL16
£110,000
Terraced · Seen 4 Nov 2026