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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, 111, Westmorland Rise, Peterlee is a mid-century freehold house with 1,280 ft2 of internal area and sits on a 251 m2 plot.
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 111, Westmorland Rise, Peterlee is £141,765 and the estimated rental value is £791 per month.
Westmorland Rise, Peterlee, SR8 is located within the SR8 postal district.
111, Westmorland Rise, Peterlee has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 111, Westmorland Rise, Peterlee is in very good condition we estimate a sale value of £148,853 and a rental value of £831 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,841 and a rental value of £736 per month.
Over the last 12 months the sale value of 111 Westmorland Rise Peterlee has decreased by an estimated £997 (0.7%) and its rental value has increased by an estimated £16 per month (2.0%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 111, Westmorland Rise, Peterlee sits on a plot of 251m2.
We have plot size data on 14 out of 17 other houses in the postcode and 111, Westmorland Rise, Peterlee sits on the 2nd largest plot.
111, Westmorland Rise, Peterlee has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 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, 111, Westmorland Rise, Peterlee was last sold on 18th November 2022 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has risen 58.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Westmorland Rise, Peterlee within a radius of 940 metres over the last 2 years.
The most recent example is 3, Lowhills Road, Peterlee, SR8 2BX, a freehold house which sold for £145,000 on the 28th March 2014.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westmorland Rise, Peterlee, SR8 has a total of 146 addresses. According to our analysis of all the public data, 111, Westmorland Rise, Peterlee is the largest and the most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in SR8.
The closest station to 111, Westmorland Rise, Peterlee is Horden station which is 3.5 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 111, Westmorland Rise, Peterlee, 40.3% of property is socially rented and 30.9% 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 111, Westmorland Rise, Peterlee, 24.5% of residents are recorded as possessing school level qualifications and 16.8% 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 111, Westmorland Rise, 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 111, Westmorland Rise, 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 111, Westmorland Rise, Peterlee, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
