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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Van Mildert Close, Peterlee is £187,108 and the estimated rental value is £1,032 per month.
Van Mildert Close, Peterlee, SR8 is located within the SR8 postal district.
11, Van Mildert Close, Peterlee has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 11, Van Mildert Close, Peterlee is in very good condition we estimate a sale value of £196,464 and a rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,011 and a rental value of £959 per month.
Over the last 12 months the sale value of 11 Van Mildert Close Peterlee has decreased by an estimated £973 (0.5%) and its rental value has increased by an estimated £23 per month (2.3%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 11, Van Mildert Close, Peterlee sits on a plot of 255m2.
We have plot size data on 25 out of 25 other houses in the postcode and 11, Van Mildert Close, Peterlee sits on the 3rd largest plot.
11, Van Mildert Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Van Mildert Close, Peterlee was last sold on 1st December 2022 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Van Mildert Close, Peterlee within a radius of 680 metres over the last 2 years.
The most recent example is 25, Van Mildert Close, Peterlee, SR8 2NJ, a freehold house which sold for £153,000 on the 26th July 2019.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Van Mildert Close, Peterlee, SR8 has a total of 29 addresses. According to our analysis of all the public data, 11, Van Mildert Close, Peterlee is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in SR8.
The closest station to 11, Van Mildert Close, Peterlee is Horden station which is 3.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11, Van Mildert Close, Peterlee, 51.3% of property is privately owned outright and 23.9% is privately owned with a mortgage.
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 11, Van Mildert Close, Peterlee, 14.4% of residents are recorded as possessing school level qualifications and 17.1% 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 11, Van Mildert 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 11, Van Mildert Close, Peterlee, 0.8% 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 11, Van Mildert Close, Peterlee, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.