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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 19, Lorimers Close, Peterlee is a mid-century freehold house with 1,550 ft2 of internal area and sits on a 708 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 19, Lorimers Close, Peterlee is £306,297 and the estimated rental value is £1,428 per month.
Lorimers Close, Peterlee, SR8 is located within the SR8 postal district.
19, Lorimers Close, Peterlee has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated December 2016.
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 19, Lorimers Close, Peterlee is in very good condition we estimate a sale value of £321,612 and a rental value of £1,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,856 and a rental value of £1,328 per month.
Over the last 12 months the sale value of 19 Lorimers Close Peterlee has decreased by an estimated £1,593 (0.5%) and its rental value has increased by an estimated £32 per month (2.3%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 19, Lorimers Close, Peterlee sits on a plot of 708m2.
We have plot size data on 29 out of 29 other houses in the postcode and 19, Lorimers Close, Peterlee sits on the 22nd largest plot.
19, Lorimers Close, Peterlee has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 19, Lorimers Close, Peterlee was last sold on 8th November 2017 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has dropped 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Lorimers Close, Peterlee within a radius of 700 metres over the last 2 years.
The most recent example is 14, Lorimers Close, Peterlee, SR8 2NH, a freehold house which sold for £275,500 on the 21st December 2022.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorimers Close, Peterlee, SR8 has a total of 29 addresses. According to our analysis of all the public data, 19, Lorimers Close, Peterlee is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in SR8.
The closest station to 19, Lorimers Close, Peterlee is Horden station which is 3.4 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 19, Lorimers Close, Peterlee, 53.3% of property is privately owned outright and 40.0% 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 19, Lorimers Close, Peterlee, 18.3% of residents are recorded as possessing school level qualifications and 32.5% 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 19, Lorimers Close, 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 19, Lorimers Close, Peterlee, 1.2% 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 19, Lorimers Close, Peterlee, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
