Our Data Sources
1, Springbank, Peterlee has 4 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Springbank, Peterlee would be worth £208,946, with a potential rental value of £1,142 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,066, with a rental value of £1,011 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
1, Springbank, Peterlee occupies a 221 m2 plot as recorded by HM Land Registry.
Of the 58 other houses in this postcode, 56 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
1, Springbank, Peterlee has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Springbank, Peterlee last changed hands on 5th December 2022, selling for £180,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 13.0% since December 2022.
- Sold Dec 2022£180,000
- Sold Aug 2020£165,000
- Sold Oct 2018£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 22 sales of comparable properties within 700 metres of 1, Springbank, Peterlee across the last 2 years.
Most recently, 12, Stainton Way, Peterlee, SR8 2BJ, a freehold house, sold at £170,000 on the 6th December 2024.
Read more about house prices in SR8.
- Sold Dec 2024£170,000 | 3 Bed House12, Stainton Way, Peterlee, SR8 2BJ12, Stainton Way, Peterlee, SR8 2BJ
- Sold Apr 2024£185,000 | 4 Bed House16, Stainton Way, Peterlee, SR8 2BJ16, Stainton Way, Peterlee, SR8 2BJ
- Sold Oct 2021£135,000 | 3 Bed House22, Springbank, Peterlee, SR8 1FA22, Springbank, Peterlee, SR8 1FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Springbank, Peterlee as the 33rd largest and the 12th most expensive of the 58 addresses on Springbank, Peterlee, SR8.
Against the SR8 postcode district average, it is £72k more expensive than the typical property.
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Schools Nearby
- Our Lady of the Rosary Catholic Primary School200 m away
- Howletch Lane Primary School700 m away
- Acre Rigg Infant School900 m away
- St Bede's Catholic School and Byron Sixth Form College400 m away
- The Academy at Shotton Hall1.3 km away
- Dene Academy1.6 km away
More reading links
Public Transport Nearby
- Horden|2.5 km away
- Seaham|8.6 km away
- Hartlepool|11.9 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
