22 Springbank

    22, SPRINGBANK, PETERLEE, SR8 1FA

    This terraced freehold property on Springbank last sold in October 2021 for £135,000. Based on price growth in the SR8 district since then, its estimated current value is £157,255 — placing it in the 14th percentile nationally and the 76th percentile within SR8. The property covers 85 m² (915 sq ft), giving an estimated value of £1,850 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £135,000

    Oct 2021

    Estimated Valuation

    £157,255

    Est. £/sq ft

    £172/sq ft

    £1,850/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateJun 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Oct 2021

    £135,000

    30 Jun 2016

    New build

    £124,950

    Key Metrics

    Estimated valuation£157,255
    Value per sq ft / m²£172/sq ft (£1,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile76th percentile
    National percentile14th percentile

    District Context — SR8

    SR8 covers areas in South Tyneside and Sunderland in North East England. It is a broadly working-class district with lower costs of living and a traditional, established community character.

    Average Property Price - SR8

    £117,569

    1

    National percentile

    Average Net Household Income - SR8

    £32,232

    15

    National percentile

    10-Year Annualised Price Growth - SR8

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - SR

    2.9%

    5

    National percentile

    View full analysis for SR8

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