How much is 40 Farnley Close, Spennymoor, County Durham, DL16 7FP worth?
Estimated value — July 2026
£57,000
Likely range £34,000 – £72,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale September 2020
53%
confidence
Medium
Typically within 12% of the sale price
Property details
Mid-terrace house
Farnley Close · Spennymoor · DL16 7FP
Address
- District
- County Durham
- County
- County Durham
Value over time
- Modelled value
- Recorded sale
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. A sale we treat with caution is shown but the line doesn't pass through it.
View as a table
| Year | Modelled value | Recorded sale |
|---|---|---|
| 2020 | £42,381 | £31,500 |
| 2021 | £46,690 | — |
| 2022 | £52,148 | — |
| 2023 | £50,487 | — |
| 2024 | £53,712 | — |
| 2025 | £56,347 | — |
| 2026 | £57,000 | — |
Sale history
Treated with caution in this estimate: one of 4 homes sold together at the same price.
Mortgage calculator
£306
Estimated monthly repayment
£51,300
Loan amount
£58,832
Total interest
£110,132
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- 20 Farnley Close, Spennymoor, County Durham, DL16 7FP£40,950 · 2021£62,000
- 16 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2021£54,000
- 19 Farnley Close, Spennymoor, County Durham, DL16 7FP£40,950 · 2021£62,000
- 21 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2021£54,000
- 17 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2021£54,000
- 48 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2020£56,000
- 47 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2020£57,000
- 39 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2020£57,000
- 41 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2020£57,000
- 49 Farnley Close, Spennymoor, County Durham, DL16 7FP£31,500 · 2020£58,000
About this property
40 Farnley Close, Spennymoor, County Durham, DL16 7FP is a mid-terrace house on Farnley Close in Spennymoor, County Durham. Stede's estimated value for July 2026 is £57,000. Four in five similar homes sold within their likely range when tested; for this property that range is £34,000 to £72,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 125 similar homes in the same postcode sector (25%). The confidence score is 53 out of 100 (medium): estimates like this one are typically within 12% of the eventual sale price.
It last sold in September 2020 for £31,500. The current estimate is 81% higher than that price. The current owner has held it for about 6 years.
The modelled value is up 5% over the past year and up 20% over the past five years.
Among 10 nearby properties Stede tracks in the DL16 area, estimated values run from £54,000 to £62,000. This mid-terrace house's £57,000 sits around the middle of that range.
Common questions
How much is 40 Farnley Close, Spennymoor, County Durham, DL16 7FP worth?
Stede estimates 40 Farnley Close, Spennymoor, County Durham, DL16 7FP is worth £57,000 as of July 2026, within a likely range of £34,000 to £72,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did 40 Farnley Close, Spennymoor, County Durham, DL16 7FP last sell?
It last sold in September 2020 for £31,500.
What type of property is 40 Farnley Close, Spennymoor, County Durham, DL16 7FP?
It is recorded as a Mid-terrace house on Farnley Close in the DL16 postcode area.
How reliable is this estimate?
The confidence score is 53 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 12% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 125 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 3,587 real sales of similar homes.
- Its sale in September 2020, brought up to today with the House Price Index — a sale we treat with caution£41,76375%
- 125 similar homes sold recently in the same postcode sector£100,91025%
Estimate £57,000, likely £34,000 – £72,000
Read the full methodology and data sources →