5 Newark Close, Peterlee, SR8 2AS is a freehold terraced property built between 1996-2002. The property offers approximately 1,023 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 £61,460 , which equates to approximately £60 per square foot. It was last sold on 28 May 2021 for £50,000. Since then, the value has increased by £11,460, representing a 22.9% increase, or approximately 5.0% per year.

The current estimated value of £61,460 is:

  • 23.1% lower than the average property price on Newark Close
  • 20.3% lower than the average in the SR8 2AS postcode area
  • and 48.7% lower than the average price for Peterlee as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 28 September 2016, the property was recorded as owner-occupied.

View sold house prices in SR8 2AS

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
1023 sq ft
Tenure
Freehold
Price (estimate)
£61,460
Price Per sq ft (estimate)
£60
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 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 28 Sep 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 29 May 2013, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 16.9%.

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, no insulation (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SR8 2AS

16 th / 19
Price Rank
20% lower than average
6 th / 19
Size Rank
23% bigger than average
16 th / 19
Price Per Sq FT Rank
35% lower than average

Compared to other properties in SR8 2AS , this house's estimated value ranks 16th out of 19. Based on price per square foot, it ranks 16th 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 6th out of 19 properties in its postcode area.

Sale History

Today
£61,460
streetscan.co.uk estimate
+23 %
28 May 2021
£50,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 861 sq ft
sale price: £66,000
sale date: 11 Nov 2024
rooms: 5
size: 861 sq ft
sale price: £75,000
sale date: 20 Sep 2007
rooms: 6
size: 1292 sq ft
sale price: £105,000
sale date: 17 Dec 2024
rooms: 4
size: 861 sq ft
sale price: £61,750
sale date: 27 Jul 2016
rooms: 6
size: 1066 sq ft
sale price: £64,950
sale date: 24 Mar 2017

Data Sources

The property at 5 Newark Close, Peterlee, County Durham, Durham, SR8 2AS appears once in the Land Registry records, with the transaction recorded on 28 May 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Sep 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.


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