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According to the public record, 25, Newark Close, Peterlee is a mid-century house with 548 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 25, Newark Close, Peterlee is £56,984 and the estimated rental value is £500 per month.
Newark Close, Peterlee, SR8 is located within the SR8 postal district.
25, Newark Close, Peterlee has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 25, Newark Close, Peterlee is in very good condition we estimate a sale value of £59,833 and a rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,995 and a rental value of £465 per month.
Over the last 12 months the sale value of 25 Newark Close Peterlee has increased by an estimated £663 (1.2%) and its rental value has increased by an estimated £19 per month (3.7%), giving an expected gross yield of 10.5%.
25, Newark Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2022.
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 570 metres radius of 25, Newark Close, Peterlee over the last 2 years.
The most recent example is 27, Newark Close, Peterlee, SR8 2AS, a freehold house which sold for £69,950 on the 20th May 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Close, Peterlee, SR8 has a total of 36 addresses. According to our analysis of all the public data, 25, Newark Close, Peterlee is the 36th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in SR8.
The closest station to 25, Newark Close, 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 25, Newark Close, Peterlee, 42.5% of property is socially rented and 30.6% 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 25, Newark Close, Peterlee, 28.2% of residents are recorded as possessing school level qualifications and 11.1% 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 25, Newark Close, 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 25, Newark 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 25, Newark 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.