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According to the public record, 16, Buttermere, Peterlee is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 231 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 16, Buttermere, Peterlee is £213,407 and the estimated rental value is £1,137 per month.
Buttermere, Peterlee, SR8 is located within the SR8 postal district.
16, Buttermere, Peterlee has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated July 2024.
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 16, Buttermere, Peterlee is in very good condition we estimate a sale value of £224,077 and a rental value of £1,194 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,468 and a rental value of £1,057 per month.
Over the last 12 months the sale value of 16 Buttermere Peterlee has increased by an estimated £2,520 (1.2%) and its rental value has increased by an estimated £40 per month (3.6%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 16, Buttermere, Peterlee sits on a plot of 231m2.
We have plot size data on 16 out of 16 other houses in the postcode and 16, Buttermere, Peterlee sits on the 11th largest plot.
16, Buttermere, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2024.
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, 16, Buttermere, Peterlee was last sold on 14th October 2024 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Buttermere, Peterlee within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 3, Donerston Grove, Peterlee, SR8 1QH, a leasehold house which sold for £175,000 on the 4th July 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buttermere, Peterlee, SR8 has a total of 16 addresses. According to our analysis of all the public data, 16, Buttermere, Peterlee is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in SR8.
The closest station to 16, Buttermere, Peterlee is Horden station which is 3.9 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 16, Buttermere, Peterlee, 61.1% of property is privately owned outright and 34.1% 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 16, Buttermere, Peterlee, 8.1% of residents are recorded as possessing school level qualifications and 31.8% 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 16, Buttermere, 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 16, Buttermere, Peterlee, 0.4% 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 16, Buttermere, Peterlee, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.