4, Lorimer Close
4, Lorimer Close
Description & Estimates
4, Lorimer Close, Stockton-On-Tees is recorded publicly as a modern leasehold house across 936 ft2 of internal area, sitting on a 273 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Lorimer Close, Stockton-On-Tees is £273,075 and its rental estimate is £1,365 per month, given the available information and assuming reasonable condition.
Lorimer Close, Sedgefield, Stockton-On-Tees, TS21 falls within the TS21 postal district.
Our Data Sources
4, Lorimer Close, Stockton-On-Tees has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Lorimer Close, Stockton-On-Tees, we estimate a market value of £286,729 and a rental value of £1,433 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,960 and £1,269 per month respectively.
Recent Market Change
Over the last year, 4, Lorimer Close, Stockton-On-Tees has seen its estimated sale value increase by £6,428 (2.4%) and its estimated rental value grow by £31 per month (2.3%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 4, Lorimer Close, Stockton-On-Tees as measuring 273 m2.
That makes it the 48th largest plot in the postcode, where 68 of the 71 other houses have recorded plot data.
Energy Efficiency
4, Lorimer Close, Stockton-On-Tees has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Lorimer Close, Stockton-On-Tees completed on 28th October 2022 at £249,950 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 29.2% over the period since October 2022.
- Sold Oct 2022£249,950
- Sold Oct 2022£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Lorimer Close, Stockton-On-Tees have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th August 2023, was 21, Lorimer Close, Stockton-On-Tees, TS21 2BP, a freehold house which sold for £260,000.
Read more about house prices in TS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Lorimer Close, Sedgefield, Stockton-On-Tees, TS21, 4, Lorimer Close, Stockton-On-Tees comes out as the 52nd largest and the 54th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the TS21 district.
More reading links
Schools Nearby
- 500mSedgefield Primary School
- 1.2kmSedgefield Hardwick Primary Academy
- 4.0kmFishburn Primary School
- 1.1kmSedgefield Community College
- 7.8kmWoodham Academy
- 9.2kmOutwood Academy Bishopsgarth
More reading links
Public Transport Nearby
From 4, Lorimer Close, Stockton-On-Tees, the nearest station is Newton Aycliffe, 10.0 kilometres away.
- 10.0kmNewton Aycliffe
- 10.4kmHeighington
- 11.8kmBillingham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
