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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Newark Close, Peterlee is a mid-century house with 1,065 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Newark Close, Peterlee is £80,662 and the estimated rental value is £611 per month.
Newark Close, Peterlee, SR8 is located within the SR8 postal district.
1, Newark Close, Peterlee has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Newark Close, Peterlee is in very good condition we estimate a sale value of £84,695 and a rental value of £642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,015 and a rental value of £568 per month.
Over the last 12 months the sale value of 1 Newark Close Peterlee has increased by an estimated £952 (1.2%) and its rental value has increased by an estimated £22 per month (3.6%), giving an expected gross yield of 9.1%.
According to data from HM Land Registry, 1, Newark Close, Peterlee sits on a plot of 185m2.
We have plot size data on 23 out of 36 other houses in the postcode and 1, Newark Close, Peterlee sits on the 8th largest plot.
1, Newark Close, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Newark Close, Peterlee within a radius of 550 metres over the last 2 years.
The most recent example is 93, Basingstoke Road, Peterlee, SR8 2AP, a freehold house which sold for £67,000 on the 31st January 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Close, Peterlee, SR8 has a total of 36 addresses. According to our analysis of all the public data, 1, Newark Close, Peterlee is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in SR8.
The closest station to 1, Newark Close, Peterlee is Horden station which is 2.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Newark Close, Peterlee, 42.5% of property is socially rented and 30.6% is privately rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Newark Close, Peterlee, 28.2% of residents are recorded as possessing school level qualifications and 11.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Newark Close, Peterlee, the average age was 40 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Newark Close, Peterlee, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Newark Close, Peterlee, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
