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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, The Village, Peterlee is a period freehold house with 2,292 ft2 of internal area and sits on a 278 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Village, Peterlee is £322,801 and the estimated rental value is £1,412 per month.
The Village, Old Shotton, Peterlee, SR8 is located within the SR8 postal district.
2, The Village, Peterlee has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Village, Peterlee is in very good condition we estimate a sale value of £338,941 and a rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,205 and a rental value of £1,313 per month.
Over the past 12 months, the estimated sale value of 2, The Village, Peterlee has dropped by £5,838 (1.8%), while its estimated rental value has risen by £10 per month (0.7%). Based on current estimates, the property offers a gross rental yield of 5.2%.
According to data from HM Land Registry, 2, The Village, Peterlee sits on a plot of 278 m2.
We have plot size data on 11 out of 20 other houses in the postcode and 2, The Village, Peterlee sits on the 6th largest plot.
2, The Village, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 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, The Village, Peterlee was last sold on 25th June 2021 for £283,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen by 9.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Village, Peterlee within a radius of 950 metres over the last 2 years.
The most recent example is 15, Lorimers Close, Peterlee, SR8 2NH, a freehold house which sold for £355,000 on the 2nd December 2022.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Village, Old Shotton, Peterlee, SR8 has a total of 39 addresses. According to our analysis of all the public data, 2, The Village, Peterlee is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in SR8.
The closest station to 2, The Village, Peterlee is Horden station, which is 3.8 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, The Village, Peterlee, 45.7% of property is privately owned outright and 21.7% 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, The Village, Peterlee, 18.1% of residents are recorded as possessing school level qualifications and 27.4% 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, The Village, 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, The Village, 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, The Village, Peterlee, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
