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According to the public record, 20, Tees Close, Peterlee is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Tees Close, Peterlee is £61,700 and the estimated rental value is £538 per month.
Tees Close, Peterlee, SR8 is located within the SR8 postal district.
20, Tees Close, Peterlee has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated October 2024.
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 20, Tees Close, Peterlee is in very good condition we estimate a sale value of £64,785 and a rental value of £565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,381 and a rental value of £500 per month.
Over the last 12 months the sale value of 20 Tees Close Peterlee has decreased by an estimated £233 (0.4%) and its rental value has increased by an estimated £12 per month (2.2%), giving an expected gross yield of 10.5%.
20, Tees Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 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 HM Land Registry, 20, Tees Close, Peterlee was last sold on 30th April 2021 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Tees Close, Peterlee within a radius of 680 metres over the last 2 years.
The most recent example is 1, Skerne Close, Peterlee, SR8 1HR, a leasehold flat which sold for £56,000 on the 13th February 2026.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tees Close, Peterlee, SR8 has a total of 38 addresses. According to our analysis of all the public data, 20, Tees Close, Peterlee is the 26th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in SR8.
The closest station to 20, Tees Close, Peterlee is Horden station which is 3.0 kilometres away.
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, Tees Close, Peterlee, 57.8% of property is socially rented and 16.9% 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 20, Tees Close, Peterlee, 19.9% of residents are recorded as possessing school level qualifications and 16.6% 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, Tees Close, 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, Tees Close, 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 20, Tees Close, Peterlee, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.