Auction

1/9

Auction

1/9

2 bed flat for sale Studley Drive, Spennymoor, DL16

Asking price

£69,950

Added on 30/09/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £100 per sq ft
Tenure: Leasehold

Council tax Band B £2,039 a year

Key features

For sale by auction
Two Bed First Floor Apartment
Located on a Private and Sought After Residential Location
Suitable for a variety of Buyers
Spacious Lounge
Superb Fitted Kitchen
Two Double Bedrooms
Service Charge: £1215.92 as of 9th December 2024
EPC Ratings B
Council Tax Band B

About this property

Hallway

Radiators.

Lounge 6.10m x 4.27m (20'0 x 14'0 )

Radiator, uPVC windows, juliet balcony.

Kitchen/Diner 6.10m x 4.27m (20'0 x 14'0 )

Modern wall and base units, integrated oven, hob, plumbed for washing machine, space for fridge freezer, stainless steel sink with mixer tap and drainer, french doors with juliet balcony, uPVC window, airing cupboard, radiator.

Floorplan

Council tax

Band B £2,039 a year

Per year

Band A

£1,748
Band B

This home: £2,039
Band C

£2,331
Band D

£2,622
Band E

£3,205
Band F

£3,788
Band G

£4,370
Band H

£5,244

This home is in band B, which costs £2,039 a year in Durham for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Durham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£100 / sq ft

Area average (sold)

£163 / sq ft

Price per area, sold homes nearby

£88 / sq ft

£100 / sq ft

£226 / sq ft

Lowest

This home

Highest

£100 per sq ft, below the middle of recent sales in DL16 (£88–£226, 10th–90th percentile, 617 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 617 homes sold in DL16 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in DL16 →

Location

Studley Drive, Spennymoor, DL16

Open map Street View

Mortgage and stamp duty

Property price £69,950

£35k £105k

Deposit10% £7,000

£0 £70k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £62,950 mortgage. Most lenders would want a household income of about £14,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
22, Studley Drive Semi-detached	Semi-detached	May 2026	980 sq ft £189/sq ft	980 sq ft	£189	£185,000
14, Studley Drive Detached	Detached	Dec 2025	1,023 sq ft £189/sq ft	1,023 sq ft	£189	£193,000
24, Studley Drive Semi-detached	Semi-detached	Feb 2025	1,001 sq ft £186/sq ft	1,001 sq ft	£186	£185,950
57, Studley Drive Semi-detached	Semi-detached	Jul 2024	829 sq ft £151/sq ft	829 sq ft	£151	£124,905
85, Studley Drive Semi-detached	Semi-detached	Jun 2024	1,130 sq ft £146/sq ft	1,130 sq ft	£146	£165,000
32, Studley Drive Terraced	Terraced	Jan 2024	1,055 sq ft £142/sq ft	1,055 sq ft	£142	£150,000
22, Studley Drive Semi-detached	Semi-detached	Jun 2023	980 sq ft £179/sq ft	980 sq ft	£179	£175,000
59, Studley Drive Semi-detached	Semi-detached	Apr 2023	797 sq ft £198/sq ft	797 sq ft	£198	£158,000