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According to the public record, 7, Comet Drive, Peterlee is a mid-century house with 624 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Comet Drive, Peterlee is £77,420 and the estimated rental value is £654 per month.
Comet Drive, Easington, Peterlee, SR8 is located within the SR8 postal district.
7, Comet Drive, Peterlee has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data 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 7, Comet Drive, Peterlee is in very good condition we estimate a sale value of £81,291 and a rental value of £686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,001 and a rental value of £608 per month.
Over the last 12 months the sale value of 7 Comet Drive Peterlee has increased by an estimated £901 (1.2%) and its rental value has increased by an estimated £24 per month (3.7%), giving an expected gross yield of 10.1%.
7, Comet Drive, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Comet Drive, Peterlee within a radius of 770 metres over the last 2 years.
The most recent example is 5, Laburnum Crescent, Peterlee, SR8 3AA, a freehold house which sold for £54,000 on the 9th February 2024.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Comet Drive, Easington, Peterlee, SR8 has a total of 20 addresses. According to our analysis of all the public data, 7, Comet Drive, Peterlee is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in SR8.
The closest station to 7, Comet Drive, Peterlee is Horden station which is 3.8 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 7, Comet Drive, Peterlee, 66.4% of property is socially rented and 13.6% 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 7, Comet Drive, Peterlee, 2.0% of residents are recorded as possessing school level qualifications and 12.8% 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 7, Comet Drive, Peterlee, the average age was 38.9 and the most common age was 7.
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 7, Comet Drive, 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 7, Comet Drive, Peterlee, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.