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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
According to the public record, 15, Lumley Drive, Peterlee is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 1,041 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 15, Lumley Drive, Peterlee is £325,596 and the estimated rental value is £1,488 per month.
Lumley Drive, Peterlee, SR8 is located within the SR8 postal district.
15, Lumley Drive, Peterlee has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated November 2023.
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 15, Lumley Drive, Peterlee is in very good condition we estimate a sale value of £341,876 and a rental value of £1,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,805 and a rental value of £1,384 per month.
Over the last 12 months the sale value of 15 Lumley Drive Peterlee has increased by an estimated £2,021 (0.6%) and its rental value has increased by an estimated £46 per month (3.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 15, Lumley Drive, Peterlee sits on a plot of 1041m2.
We have plot size data on 27 out of 27 other houses in the postcode and 15, Lumley Drive, Peterlee sits on the 4th largest plot.
15, Lumley Drive, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2023.
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, 15, Lumley Drive, Peterlee was last sold on 14th August 2024 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Lumley Drive, Peterlee within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, Mitford Court, Peterlee, SR8 1PF, a freehold house which sold for £300,000 on the 21st March 2025.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lumley Drive, Peterlee, SR8 has a total of 27 addresses. According to our analysis of all the public data, 15, Lumley Drive, Peterlee is the 19th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £203k more expensive than the average property in SR8.
The closest station to 15, Lumley Drive, Peterlee is Horden station which is 2.7 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 15, Lumley Drive, Peterlee, 60.2% of property is privately owned outright and 20.3% 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 15, Lumley Drive, Peterlee, 8.5% of residents are recorded as possessing school level qualifications and 27.2% 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 15, Lumley Drive, Peterlee, the average age was 44.9 and the most common age was 57.
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 15, Lumley Drive, Peterlee, 3.0% 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 15, Lumley Drive, Peterlee, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
