1 Balmoral Drive

    1, BALMORAL DRIVE, PETERLEE, SR8 1QP

    This detached freehold property on Balmoral Drive last sold in June 2021 for £275,000. Based on price growth in the SR8 district since then, its estimated current value is £312,390 — placing it in the 52nd percentile nationally and the 96th percentile within SR8. The property covers 132 m² (1,421 sq ft), giving an estimated value of £2,367 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,421 sq ft

    132 m²

    Last Sale Price

    £275,000

    Jun 2021

    Estimated Valuation

    £312,390

    Est. £/sq ft

    £220/sq ft

    £2,367/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,421 sq ft (132 m²)
    EPC dateJun 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2021

    £275,000

    20 Oct 2006

    £245,000

    13 May 2005

    £230,000

    31 Mar 2000

    New build

    £109,000

    Key Metrics

    Estimated valuation£312,390
    Value per sq ft / m²£220/sq ft (£2,367/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile96th percentile
    National percentile52nd 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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