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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, Sayer Walk, Peterlee is £74,186 and the estimated rental value is £632 per month.
Sayer Walk, Peterlee, SR8 is located within the SR8 postal district.
2, Sayer Walk, Peterlee has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Sayer Walk, Peterlee is in very good condition we estimate a sale value of £77,895 and a rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,993 and a rental value of £588 per month.
Over the last 12 months the sale value of 2 Sayer Walk Peterlee has increased by an estimated £863 (1.2%) and its rental value has increased by an estimated £24 per month (3.7%), giving an expected gross yield of 10.2%.
According to data from HM Land Registry, 2, Sayer Walk, Peterlee sits on a plot of 184m2.
We have plot size data on 7 out of 8 other houses in the postcode and 2, Sayer Walk, Peterlee sits on the 2nd largest plot.
2, Sayer Walk, Peterlee has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Sep 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, 2, Sayer Walk, Peterlee was last sold on 31st May 2024 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Sayer Walk, Peterlee within a radius of 660 metres over the last 2 years.
The most recent example is 3, Harrison Close, Peterlee, SR8 5RB, a freehold house which sold for £54,950 on the 22nd September 2022.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sayer Walk, Peterlee, SR8 has a total of 8 addresses. According to our analysis of all the public data, 2, Sayer Walk, Peterlee is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in SR8.
The closest station to 2, Sayer Walk, Peterlee is Horden station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Sayer Walk, Peterlee, 51.8% of property is socially rented and 21.4% 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, Sayer Walk, Peterlee, 22.6% of residents are recorded as possessing school level qualifications and 14.0% 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, Sayer Walk, 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, Sayer Walk, 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, Sayer Walk, 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.