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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, 9, Mendip Close, Peterlee is a mid-century apartment with 807 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 9, Mendip Close, Peterlee is £77,147 and the estimated rental value is £616 per month.
Mendip Close, Peterlee, SR8 is located within the SR8 postal district.
9, Mendip Close, Peterlee has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 9, Mendip Close, Peterlee is in very good condition we estimate a sale value of £81,005 and a rental value of £646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,747 and a rental value of £573 per month.
Over the last 12 months the sale value of 9 Mendip Close Peterlee has decreased by an estimated £291 (0.4%) and its rental value has increased by an estimated £14 per month (2.2%), giving an expected gross yield of 9.6%.
9, Mendip Close, Peterlee has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 820 metres radius of 9, Mendip Close, Peterlee over the last 2 years.
The most recent example is 14, Mendip Close, Peterlee, SR8 2JL, a freehold house which sold for £86,000 on the 3rd July 2020.
Read more about house prices in SR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mendip Close, Peterlee, SR8 has a total of 29 addresses. According to our analysis of all the public data, 9, Mendip Close, Peterlee is the 13th largest and the 24th 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 9, Mendip Close, Peterlee is Horden station which is 3.3 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 9, Mendip Close, Peterlee, 55.6% of property is socially rented and 14.8% 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 9, Mendip Close, Peterlee, 8.3% of residents are recorded as possessing school level qualifications and 7.5% 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 9, Mendip Close, Peterlee, the average age was 40 and the most common age was 52.
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 9, Mendip Close, 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 9, Mendip Close, 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.
