Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 3, Springbank, Peterlee is a modern freehold house with 1,076 ft2 of internal area and sits on a 215 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 3, Springbank, Peterlee is £218,490 and the estimated rental value is £1,153 per month.
Springbank, Peterlee, SR8 is located within the SR8 postal district.
3, Springbank, Peterlee has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated March 2015.
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 3, Springbank, Peterlee is in very good condition we estimate a sale value of £229,415 and a rental value of £1,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,196 and a rental value of £1,072 per month.
Over the last 12 months the sale value of 3 Springbank Peterlee has increased by an estimated £2,580 (1.2%) and its rental value has increased by an estimated £41 per month (3.6%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 3, Springbank, Peterlee sits on a plot of 215m2.
We have plot size data on 56 out of 58 other houses in the postcode and 3, Springbank, Peterlee sits on the 15th largest plot.
3, Springbank, Peterlee has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Springbank, Peterlee was last sold on 31st March 2015 for £194,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2015, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Springbank, Peterlee within a radius of 710 metres over the last 2 years.
The most recent example is 44, Springbank, Peterlee, SR8 1FA, a freehold house which sold for £229,000 on the 31st March 2025.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springbank, Peterlee, SR8 has a total of 58 addresses. According to our analysis of all the public data, 3, Springbank, Peterlee is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in SR8.
The closest station to 3, Springbank, Peterlee is Horden station which is 2.5 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 3, Springbank, Peterlee, 40.0% of property is privately owned outright and 35.4% 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 3, Springbank, Peterlee, 17.1% of residents are recorded as possessing school level qualifications and 27.3% 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 3, Springbank, 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 3, Springbank, 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 3, Springbank, Peterlee, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
