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According to the public record, 28, Nesbit Road, Peterlee is a mid-century freehold house with 828 ft2 of internal area and sits on a 192 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 28, Nesbit Road, Peterlee is £65,908 and the estimated rental value is £551 per month.
Nesbit Road, Peterlee, SR8 is located within the SR8 postal district.
28, Nesbit Road, Peterlee has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that 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 28, Nesbit Road, Peterlee is in very good condition we estimate a sale value of £69,203 and a rental value of £579 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,294 and a rental value of £513 per month.
Over the last 12 months the sale value of 28 Nesbit Road Peterlee has increased by an estimated £778 (1.2%) and its rental value has increased by an estimated £20 per month (3.6%), giving an expected gross yield of 10%.
According to data from HM Land Registry, 28, Nesbit Road, Peterlee sits on a plot of 192m2.
We have plot size data on 7 out of 10 other houses in the postcode and 28, Nesbit Road, Peterlee sits on the 3rd largest plot.
28, Nesbit Road, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2019.
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, 28, Nesbit Road, Peterlee was last sold on 10th April 2019 for £52,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2019, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Nesbit Road, Peterlee within a radius of 590 metres over the last 2 years.
The most recent example is 19, Duddon Close, Peterlee, SR8 5LG, a freehold house which sold for £40,000 on the 26th July 2023.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nesbit Road, Peterlee, SR8 has a total of 39 addresses. According to our analysis of all the public data, 28, Nesbit Road, Peterlee is the 10th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SR8.
The closest station to 28, Nesbit Road, Peterlee is Horden station which is 1.6 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 28, Nesbit Road, Peterlee, 40.0% of property is socially rented and 24.2% 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 28, Nesbit Road, Peterlee, 29.9% of residents are recorded as possessing school level qualifications and 9.3% 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 28, Nesbit Road, Peterlee, the average age was 38.9 and the most common age was 7.
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 28, Nesbit Road, 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 28, Nesbit Road, 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.