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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
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According to the public record, 2, Burt Close, Peterlee is a mid-century freehold house with 947 ft2 of internal area and sits on a 278 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 2, Burt Close, Peterlee is £64,126 and the estimated rental value is £511 per month.
Burt Close, Peterlee, SR8 is located within the SR8 postal district.
2, Burt Close, Peterlee has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated November 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 2, Burt Close, Peterlee is in very good condition we estimate a sale value of £67,332 and a rental value of £537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,637 and a rental value of £475 per month.
Over the last 12 months the sale value of 2 Burt Close Peterlee has increased by an estimated £757 (1.2%) and its rental value has increased by an estimated £18 per month (3.6%), giving an expected gross yield of 9.6%.
According to data from HM Land Registry, 2, Burt Close, Peterlee sits on a plot of 278m2.
We have plot size data on 11 out of 18 other houses in the postcode and 2, Burt Close, Peterlee sits on the 7th largest plot.
2, Burt Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 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, 2, Burt Close, Peterlee was last sold on 30th January 2024 for £50,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burt Close, Peterlee within a radius of 640 metres over the last 2 years.
The most recent example is 10, Buddle Close, Peterlee, SR8 5DT, a freehold house which sold for £75,000 on the 21st March 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burt Close, Peterlee, SR8 has a total of 18 addresses. According to our analysis of all the public data, 2, Burt Close, Peterlee is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in SR8.
The closest station to 2, Burt Close, Peterlee is Horden station which is 2.2 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 2, Burt Close, Peterlee, 37.8% of property is socially rented and 23.1% 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 2, Burt Close, Peterlee, 21.4% of residents are recorded as possessing school level qualifications and 11.6% 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 2, Burt Close, Peterlee, the average age was 38.9 and the most common age was 7.
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 2, Burt 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 2, Burt Close, Peterlee, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
