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According to the public record, 20, Dormand Drive, Peterlee is a mid-century freehold house with 731 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Dormand Drive, Peterlee is £213,575 and the estimated rental value is £1,299 per month.
Dormand Drive, Peterlee, SR8 is located within the SR8 postal district.
20, Dormand Drive, Peterlee has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated November 2013.
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 20, Dormand Drive, Peterlee is in very good condition we estimate a sale value of £224,254 and a rental value of £1,364 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,625 and a rental value of £1,208 per month.
Over the last 12 months the sale value of 20 Dormand Drive Peterlee has increased by an estimated £2,522 (1.2%) and its rental value has increased by an estimated £46 per month (3.6%), giving an expected gross yield of 7.3%.
According to data from HM Land Registry, 20, Dormand Drive, Peterlee sits on a plot of 257m2.
We have plot size data on 26 out of 26 other houses in the postcode and 20, Dormand Drive, Peterlee sits on the 14th largest plot.
20, Dormand Drive, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 20, Dormand Drive, Peterlee was last sold on 1st February 2013 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has dropped 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Dormand Drive, Peterlee within a radius of 980 metres over the last 2 years.
The most recent example is 27, Dormand Drive, Peterlee, SR8 1EQ, a freehold house which sold for £239,500 on the 19th April 2023.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dormand Drive, Peterlee, SR8 has a total of 26 addresses. According to our analysis of all the public data, 20, Dormand Drive, Peterlee is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in SR8.
The closest station to 20, Dormand Drive, Peterlee is Horden station which is 2.8 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 20, Dormand Drive, Peterlee, 58.5% of property is privately owned outright and 32.7% 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 20, Dormand Drive, Peterlee, 11.0% of residents are recorded as possessing school level qualifications and 28.2% 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 20, Dormand Drive, 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 20, Dormand Drive, 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 20, Dormand Drive, Peterlee, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.