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According to the public record, 18, Howletch Lane, Peterlee is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 916 ft2 of internal area and sits on a 228 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Howletch Lane, Peterlee is £87,369 and the estimated rental value is £699 per month.
Howletch Lane, Peterlee, SR8 is located within the SR8 postal district.
18, Howletch Lane, Peterlee has a single entry in the Land Registry from November 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 18, Howletch Lane, Peterlee is in very good condition we estimate a sale value of £91,737 and a rental value of £734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,253 and a rental value of £650 per month.
Over the last 12 months the sale value of 18 Howletch Lane Peterlee has increased by an estimated £1,032 (1.2%) and its rental value has increased by an estimated £25 per month (3.6%), giving an expected gross yield of 9.6%.
According to data from HM Land Registry, 18, Howletch Lane, Peterlee sits on a plot of 228m2.
We have plot size data on 21 out of 26 other houses in the postcode and 18, Howletch Lane, Peterlee sits on the 2nd largest plot.
According to HM Land Registry, 18, Howletch Lane, Peterlee was last sold on 9th November 2012 for £68,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen 47.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Howletch Lane, Peterlee within a radius of 660 metres over the last 2 years.
The most recent example is 2, Gilbert Road, Peterlee, SR8 2AN, a freehold house which sold for £76,000 on the 26th January 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Howletch Lane, Peterlee, SR8 has a total of 35 addresses. According to our analysis of all the public data, 18, Howletch Lane, Peterlee is the 7th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in SR8.
The closest station to 18, Howletch Lane, Peterlee is Horden station which is 2.5 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 18, Howletch Lane, Peterlee, 40.0% of property is privately owned outright and 35.4% 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 18, Howletch Lane, Peterlee, 17.1% of residents are recorded as possessing school level qualifications and 27.3% 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 18, Howletch Lane, 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 18, Howletch Lane, 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 18, Howletch Lane, 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.