16 Lumley Drive

    16, LUMLEY DRIVE, PETERLEE, SR8 1NL

    This detached freehold property on Lumley Drive last sold in December 2024 for £480,000. Based on price growth in the SR8 district since then, its estimated current value is £545,473 — placing it in the 82nd percentile nationally and the 100th percentile within SR8. The property covers 287 m² (3,089 sq ft), giving an estimated value of £1,901 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,089 sq ft

    287 m²

    Last Sale Price

    £480,000

    Dec 2024

    Estimated Valuation

    £545,473

    Est. £/sq ft

    £177/sq ft

    £1,901/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area3,089 sq ft (287 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2024

    £480,000

    Key Metrics

    Estimated valuation£545,473
    Value per sq ft / m²£177/sq ft (£1,901/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile100th percentile
    National percentile82nd 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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