4 Balmoral Drive, Peterlee, SR8 1QP is a leasehold detached property built between 1996-2002. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £194,197 , which equates to approximately £212 per square foot. It was last sold on 5 May 2021 for £158,000. Since then, the value has increased by £36,197, representing a 22.9% increase, or approximately 4.9% per year.

The current estimated value of £194,197 is:

  • 22.3% lower than the average property price on Balmoral Drive
  • 19.0% lower than the average in the SR8 1QP postcode area
  • and 62.2% higher than the average price for Peterlee as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 October 2016, the property was recorded as owner-occupied.

View sold house prices in SR8 1QP

Building approximate location

About Property

Type
Semi-Detached House
Built
1996-2002
Interior Size
915 sq ft
Tenure
Leasehold
Price (estimate)
£194,197
Price Per sq ft (estimate)
£212
Bedroom Count (estimate)
3 bedrooms

EPC Summary

4 Balmoral Drive, Peterlee, Easington, Durham, SR8 1QP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Oct 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Sep 2013, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 23.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 42% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SR8 1QP

51 st / 51
Price Rank
19% lower than average
35 th / 39
Size Rank
14% smaller than average
34 th / 39
Price Per Sq FT Rank
6% lower than average

Compared to other properties in SR8 1QP , this house's estimated value ranks 51th out of 51. Based on price per square foot, it ranks 34th out of 39 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 35th out of 39 properties in its postcode area.

Sale History

Today
£194,197
streetscan.co.uk estimate
+23 %
5 May 2021
£158,000
Leasehold
+132.5 %
16 Jun 2000
£67,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 958 sq ft
sale price: £173,000
sale date: 17 Jul 2023
rooms: 5
size: 947 sq ft
sale price: £172,500
sale date: 26 Jun 2020
rooms: 6
size: 1001 sq ft
sale price: £170,000
sale date: 30 Nov 2018
rooms: 5
size: 980 sq ft
sale price: £180,000
sale date: 15 Dec 2017
rooms: 5
size: 958 sq ft
sale price: £169,500
sale date: 11 Nov 2015

Data Sources

The property at 4 Balmoral Drive, Peterlee, SR8 1QP appears two times in the Land Registry records, with the latest transaction recorded on 5 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Oct 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.