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According to the public record, 4, Helford Road, Peterlee is a mid-century leasehold apartment with 538 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 4, Helford Road, Peterlee is £51,913 and the estimated rental value is £469 per month.
The apartment is within 4, Helford Road, Peterlee, SR8.
Helford Road, Peterlee, SR8 is located within the SR8 postal district.
4, Helford Road, Peterlee has 41 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated October 2014.
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 4, Helford Road, Peterlee is in very good condition we estimate a sale value of £54,508 and a rental value of £492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,279 and a rental value of £436 per month.
Over the last 12 months the sale value of 4 Helford Road Peterlee has decreased by an estimated £196 (0.4%) and its rental value has increased by an estimated £10 per month (2.2%), giving an expected gross yield of 10.8%.
4, Helford Road, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Helford Road, Peterlee was last sold on 19th November 2021 for £41,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since November 2021, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Helford Road, Peterlee within a radius of 770 metres over the last 2 years.
The most recent example is 4B, Helford Road, Peterlee, SR8 1ER, a leasehold flat which sold for £55,000 on the 14th September 2020.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Helford Road, Peterlee, SR8 has a total of 90 addresses. According to our analysis of all the public data, 4, Helford Road, Peterlee is the 77th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in SR8.
The closest station to 4, Helford Road, 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 4, Helford Road, Peterlee, 62.2% of property is socially rented and 15.2% 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 4, Helford Road, Peterlee, 18.8% of residents are recorded as possessing school level qualifications and 19.1% 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 4, Helford Road, 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 4, Helford 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 4, Helford Road, 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.