3 Springbank

    3, SPRINGBANK, PETERLEE, SR8 1FA

    This detached freehold property on Springbank last sold in March 2015 for £194,950. Based on price growth in the SR8 district since then, its estimated current value is £262,725 — placing it in the 41st percentile nationally and the 92nd percentile within SR8. The property covers 100 m² (1,076 sq ft), giving an estimated value of £2,627 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £194,950

    Mar 2015

    Estimated Valuation

    £262,725

    Est. £/sq ft

    £244/sq ft

    £2,627/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2011
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,076 sq ft (100 m²)
    EPC dateMar 2015
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2015

    New build

    £194,950

    Key Metrics

    Estimated valuation£262,725
    Value per sq ft / m²£244/sq ft (£2,627/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile92nd percentile
    National percentile41st 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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