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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, Westway, Peterlee is a mid-century house with 570 ft2 of internal area.
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, Westway, Peterlee is £59,659 and the estimated rental value is £523 per month.
Westway, Peterlee, SR8 is located within the SR8 postal district.
2, Westway, Peterlee has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data 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, Westway, Peterlee is in very good condition we estimate a sale value of £62,642 and a rental value of £550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,483 and a rental value of £487 per month.
Over the last 12 months the sale value of 2 Westway Peterlee has increased by an estimated £694 (1.2%) and its rental value has increased by an estimated £19 per month (3.7%), giving an expected gross yield of 10.5%.
2, Westway, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 760 metres radius of 2, Westway, Peterlee over the last 2 years.
The most recent example is 10, Westway, Peterlee, SR8 1DE, a freehold house which sold for £73,000 on the 12th August 2022.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westway, Peterlee, SR8 has a total of 14 addresses. According to our analysis of all the public data, 2, Westway, Peterlee is the 14th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in SR8.
The closest station to 2, Westway, Peterlee is Horden station which is 2.6 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, Westway, Peterlee, 29.8% of property is privately owned outright and 27.3% 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, Westway, Peterlee, 20.8% of residents are recorded as possessing school level qualifications and 16.2% 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, Westway, Peterlee, the average age was 40 and the most common age was 52.
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, Westway, Peterlee, 0.7% 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, Westway, Peterlee, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
