Our Data Sources
Red Lea, Peterlee has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Red Lea, Peterlee would be worth £280,522, with a potential rental value of £1,354 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £248,463, with a rental value of £1,199 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
Red Lea, Peterlee occupies a 713 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Red Lea, Peterlee has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Red Lea, Peterlee last changed hands on 26th March 2021, selling for £260,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 21.2% since March 2021.
- Sold Mar 2021£260,000
- Sold Dec 2015£237,500
- Sold Sep 2009£199,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 37 sales of comparable properties within 840 metres of Red Lea, Peterlee across the last 2 years.
Most recently, Leeholme, Seaside Lane, Peterlee, SR8 3TW, a freehold house, sold at £262,000 on the 16th February 2023.
Read more about house prices in SR8.
- Sold Feb 2023£262,000 | 4 Bed HouseLeeholme, Seaside Lane, Peterlee, SR8 3TWLeeholme, Seaside Lane, Peterlee, SR8 3TW
- Sold Sep 2021£229,950 | 4 Bed HouseCarlton House, Seaside Lane, Peterlee, SR8 3TWCarlton House, Seaside Lane, Peterlee, SR8 3TW
- Sold Aug 2021£175,000 | 4 Bed HouseHawthorn View, Seaside Lane, Peterlee, SR8 3TWHawthorn View, Seaside Lane, Peterlee, SR8 3TW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Red Lea, Peterlee as the 7th largest and the 6th most expensive of the 50 addresses on Seaside Lane, Easington, Peterlee, SR8.
Against the SR8 postcode district average, it is £140k more expensive than the typical property.
More reading links
Schools Nearby
- Easington CofE Primary School600 m away
- Easington Colliery Primary School700 m away
- Acre Rigg Academy2.1 km away
- Easington Academy500 m away
- St Bede's Catholic School and Byron Sixth Form College3.1 km away
- Dene Academy3.7 km away
More reading links
Public Transport Nearby
- Horden|4.1 km away
- Seaham|5.7 km away
- Sunderland|13.5 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
