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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, Essyn Court, Peterlee is a modern leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Essyn Court, Peterlee is £167,692 and the estimated rental value is £828 per month.
Essyn Court, Peterlee, SR8 is located within the SR8 postal district.
2, Essyn Court, Peterlee has 21 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated July 2023.
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, Essyn Court, Peterlee is in very good condition we estimate a sale value of £176,077 and a rental value of £869 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,954 and a rental value of £770 per month.
Over the last 12 months the sale value of 2 Essyn Court Peterlee has decreased by an estimated £1,176 (0.7%) and its rental value has increased by an estimated £15 per month (1.8%), giving an expected gross yield of 5.9%.
2, Essyn Court, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2023.
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, Essyn Court, Peterlee was last sold on 14th February 2024 for £162,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2024, the market for similar properties has dropped 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Essyn Court, Peterlee within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 12, Essyn Court, Peterlee, SR8 3GA, a leasehold flat which sold for £160,000 on the 16th June 2023.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essyn Court, Peterlee, SR8 has a total of 18 addresses. According to our analysis of all the public data, 2, Essyn Court, Peterlee is the 10th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in SR8.
The closest station to 2, Essyn Court, Peterlee is Horden station which is 4.4 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 2, Essyn Court, Peterlee, 50.3% of property is privately owned outright and 27.7% 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 2, Essyn Court, Peterlee, 14.7% of residents are recorded as possessing school level qualifications and 34.6% 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, Essyn Court, Peterlee, the average age was 43 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 2, Essyn Court, Peterlee, 0.6% 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, Essyn Court, Peterlee, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
