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According to the public record, 18, Malvern Close, Peterlee is a modern freehold house with 979 ft2 of internal area and sits on a 125 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 18, Malvern Close, Peterlee is £97,050 and the estimated rental value is £740 per month.
Malvern Close, Peterlee, SR8 is located within the SR8 postal district.
18, Malvern Close, Peterlee has 3 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated July 2021.
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 18, Malvern Close, Peterlee is in very good condition we estimate a sale value of £101,903 and a rental value of £778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,257 and a rental value of £689 per month.
Over the last 12 months the sale value of 18 Malvern Close Peterlee has increased by an estimated £1,146 (1.2%) and its rental value has increased by an estimated £26 per month (3.6%), giving an expected gross yield of 9.2%.
According to data from HM Land Registry, 18, Malvern Close, Peterlee sits on a plot of 125m2.
We have plot size data on 7 out of 27 other houses in the postcode and 18, Malvern Close, Peterlee sits on the largest plot.
18, Malvern Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2021.
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, 18, Malvern Close, Peterlee was last sold on 1st October 2021 for £90,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2021, the market for similar properties has risen 23.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Malvern Close, Peterlee within a radius of 820 metres over the last 2 years.
The most recent example is 27, Malvern Close, Peterlee, SR8 2JN, a freehold house which sold for £85,000 on the 17th November 2023.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Peterlee, SR8 has a total of 33 addresses. According to our analysis of all the public data, 18, Malvern Close, Peterlee is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in SR8.
The closest station to 18, Malvern Close, Peterlee is Horden station which is 3.3 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, Malvern Close, Peterlee, 55.6% of property is socially rented and 14.8% is privately rented.
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, Malvern Close, Peterlee, 8.3% of residents are recorded as possessing school level qualifications and 7.5% 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, Malvern 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 18, Malvern Close, 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, Malvern Close, Peterlee, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.