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According to the public record, 24, Lakemore, Peterlee is a modern freehold house with 613 ft2 of internal area and sits on a 229 m2 plot.
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 24, Lakemore, Peterlee is £114,803 and the estimated rental value is £836 per month.
Lakemore, Peterlee, SR8 is located within the SR8 postal district.
24, Lakemore, Peterlee has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 24, Lakemore, Peterlee is in very good condition we estimate a sale value of £120,543 and a rental value of £877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,767 and a rental value of £777 per month.
Over the last 12 months the sale value of 24 Lakemore Peterlee has increased by an estimated £1,335 (1.2%) and its rental value has increased by an estimated £31 per month (3.7%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 24, Lakemore, Peterlee sits on a plot of 229m2.
We have plot size data on 59 out of 59 other houses in the postcode and 24, Lakemore, Peterlee sits on the 17th largest plot.
24, Lakemore, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2023.
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, 24, Lakemore, Peterlee was last sold on 14th September 2023 for £114,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Lakemore, Peterlee within a radius of 730 metres over the last 2 years.
The most recent example is 18, Lakemore, Peterlee, SR8 1DZ, a freehold house which sold for £95,000 on the 4th April 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakemore, Peterlee, SR8 has a total of 59 addresses. According to our analysis of all the public data, 24, Lakemore, Peterlee is the 57th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in SR8.
The closest station to 24, Lakemore, Peterlee is Horden station which is 2.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Lakemore, Peterlee, 36.8% of property is socially rented and 27.2% is privately owned outright.
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 24, Lakemore, Peterlee, 15.7% of residents are recorded as possessing school level qualifications and 19.3% 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 24, Lakemore, 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 24, Lakemore, Peterlee, 0.4% 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 24, Lakemore, Peterlee, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
