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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, Lakemore, Peterlee is a mid-century freehold house with 505 ft2 of internal area and sits on a 189 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lakemore, Peterlee is £104,280 and the estimated rental value is £759 per month.
Lakemore, Peterlee, SR8 is located within the SR8 postal district.
2, Lakemore, Peterlee has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Lakemore, Peterlee is in very good condition we estimate a sale value of £109,494 and a rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,981 and a rental value of £706 per month.
Over the last 12 months the sale value of 2 Lakemore Peterlee has increased by an estimated £1,213 (1.2%) and its rental value has increased by an estimated £28 per month (3.7%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 2, Lakemore, Peterlee sits on a plot of 189m2.
We have plot size data on 59 out of 59 other houses in the postcode and 2, Lakemore, Peterlee sits on the 33rd largest plot.
2, Lakemore, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2015.
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, Lakemore, Peterlee was last sold on 1st November 2019 for £77,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has risen 43.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lakemore, Peterlee within a radius of 750 metres over the last 2 years.
The most recent example is 52, Springbank, Peterlee, SR8 1FA, a freehold house which sold for £83,750 on the 18th February 2022.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakemore, Peterlee, SR8 has a total of 59 addresses. According to our analysis of all the public data, 2, Lakemore, Peterlee is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in SR8.
The closest station to 2, Lakemore, Peterlee is Horden station which is 2.7 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, Lakemore, Peterlee, 36.8% of property is socially rented and 27.2% is privately owned outright.
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, Lakemore, Peterlee, 15.7% of residents are recorded as possessing school level qualifications and 19.3% 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 2, Lakemore, 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 2, Lakemore, Peterlee, 0.4% 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, Lakemore, Peterlee, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
