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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Lakeland Drive, Peterlee is a mid-century freehold house with 721 ft2 of internal area and sits on a 202 m2 plot.
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 7, Lakeland Drive, Peterlee is £73,458 and the estimated rental value is £641 per month.
Lakeland Drive, Peterlee, SR8 is located within the SR8 postal district.
7, Lakeland Drive, Peterlee has a single entry in the Land Registry from April 2010 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 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 7, Lakeland Drive, Peterlee is in very good condition we estimate a sale value of £77,131 and a rental value of £673 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,316 and a rental value of £596 per month.
Over the last 12 months the sale value of 7 Lakeland Drive Peterlee has increased by an estimated £867 (1.2%) and its rental value has increased by an estimated £23 per month (3.6%), giving an expected gross yield of 10.5%.
According to data from HM Land Registry, 7, Lakeland Drive, Peterlee sits on a plot of 202m2.
We have plot size data on 32 out of 32 other houses in the postcode and 7, Lakeland Drive, Peterlee sits on the 13th largest plot.
7, Lakeland Drive, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 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, 7, Lakeland Drive, Peterlee was last sold on 30th April 2010 for £60,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2010, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lakeland Drive, Peterlee within a radius of 550 metres over the last 2 years.
The most recent example is 2, Thirlmere Road, Peterlee, SR8 5LS, a freehold house which sold for £49,950 on the 23rd January 2025.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeland Drive, Peterlee, SR8 has a total of 32 addresses. According to our analysis of all the public data, 7, Lakeland Drive, Peterlee is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in SR8.
The closest station to 7, Lakeland Drive, Peterlee is Horden station which is 1.7 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, Lakeland Drive, Peterlee, 37.3% of property is socially rented and 28.6% is privately rented.
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, Lakeland Drive, Peterlee, 23.9% of residents are recorded as possessing school level qualifications and 15.0% 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 7, Lakeland 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, Lakeland 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, Lakeland Drive, Peterlee, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
