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According to the public record, 30, Tweed Close, Peterlee is a mid-century apartment with 592 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 30, Tweed Close, Peterlee is £44,886 and the estimated rental value is £406 per month.
Tweed Close, Peterlee, SR8 is located within the SR8 postal district.
30, Tweed Close, Peterlee has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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 30, Tweed Close, Peterlee is in very good condition we estimate a sale value of £47,130 and a rental value of £427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £41,744 and a rental value of £378 per month.
Over the last 12 months the sale value of 30 Tweed Close Peterlee has decreased by an estimated £169 (0.4%) and its rental value has increased by an estimated £9 per month (2.2%), giving an expected gross yield of 10.9%.
30, Tweed Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 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, 30, Tweed Close, Peterlee was last sold on 20th April 2005 for £42,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 30, Tweed Close, Peterlee within a radius of 730 metres over the last 2 years.
The most recent example is 12, Westway, Peterlee, SR8 1DE, a leasehold flat which sold for £39,999 on the 27th July 2016.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tweed Close, Peterlee, SR8 has a total of 31 addresses. According to our analysis of all the public data, 30, Tweed Close, Peterlee is the 20th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SR8.
The closest station to 30, Tweed Close, Peterlee is Horden station which is 2.4 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 30, Tweed Close, Peterlee, 53.3% of property is socially rented and 20.0% 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 30, Tweed Close, Peterlee, 23.1% of residents are recorded as possessing school level qualifications and 17.0% 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 30, Tweed 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 30, Tweed 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 30, Tweed Close, Peterlee, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.