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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 6, School Street, Peterlee is £70,911 and the estimated rental value is £593 per month.
School Street, Peterlee, SR8 is located within the SR8 postal district.
6, School Street, Peterlee has 31 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated March 2022.
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.
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 6, School Street, Peterlee is in very good condition we estimate a sale value of £74,456 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,947 and a rental value of £552 per month.
Over the last 12 months the sale value of 6 School Street Peterlee has increased by an estimated £837 (1.2%) and its rental value has increased by an estimated £21 per month (3.6%), giving an expected gross yield of 10%.
According to data from HM Land Registry, 6, School Street, Peterlee sits on a plot of 95m2.
We have plot size data on 23 out of 24 other houses in the postcode and 6, School Street, Peterlee sits on the 13th largest plot.
6, School Street, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
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, 6, School Street, Peterlee was last sold on 27th April 2023 for £69,999 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2023, the market for similar properties has risen 73.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, School Street, Peterlee within a radius of 710 metres over the last 2 years.
The most recent example is 12, School Street, Peterlee, SR8 3PR, a freehold house which sold for £38,000 on the 5th April 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Street, Peterlee, SR8 has a total of 24 addresses. According to our analysis of all the public data, 6, School Street, Peterlee is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in SR8.
The closest station to 6, School Street, Peterlee is Horden station which is 3.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, School Street, Peterlee, 40.6% of property is privately rented and 31.3% 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 6, School Street, Peterlee, 19.9% of residents are recorded as possessing school level qualifications and 17.8% 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 6, School Street, Peterlee, the average age was 43 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 6, School Street, Peterlee, 0.9% 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 6, School Street, Peterlee, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.