40 Newark Close, Peterlee, SR8 2AS is a freehold terraced property built between 1930-1949. The property offers approximately 710 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £17,624 , which equates to approximately £25 per square foot. It was last sold on 25 Apr 2016 for £12,000. Since then, the value has increased by £5,624, representing a 46.9% increase, or approximately 4.8% per year.

The current estimated value of £17,624 is:

  • 78.0% lower than the average property price on Newark Close
  • 77.2% lower than the average in the SR8 2AS postcode area
  • and 85.3% lower than the average price for Peterlee as a whole

View sold house prices in SR8 2AS

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£17,624
Price Per sq ft (estimate)
£25
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Newark Close, Peterlee, County Durham, Durham, SR8 2AS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Apr 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 18 Nov 2013. The rating of E is unchanged, though the energy efficiency score decreased by 3.8%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SR8 2AS

19 th / 19
Price Rank
77% lower than average
14 th / 19
Size Rank
15% smaller than average
19 th / 19
Price Per Sq FT Rank
73% lower than average

Compared to other properties in SR8 2AS , this house's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 19th out of 19 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 14th out of 19 properties in its postcode area.

Sale History

Today
£17,624
streetscan.co.uk estimate
+47 %
25 Apr 2016
£12,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £67,000
sale date: 28 Feb 2025
rooms: 4
size: 775 sq ft
sale price: £32,000
sale date: 30 Aug 2024
rooms: 4
size: 710 sq ft
sale price: £64,000
sale date: 4 Feb 2021
rooms: 3
size: 710 sq ft
sale price: £133,507
sale date: 1 Dec 2020
rooms: 4
size: 646 sq ft
sale price: £74,950
sale date: 26 Oct 2007

Data Sources

The property at 40 Newark Close, Peterlee, County Durham, Durham, SR8 2AS appears once in the Land Registry records, with the transaction recorded on 25 Apr 2016. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Apr 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.