2 Lancaster Hill

    2, LANCASTER HILL, PETERLEE, PETERLEE, SR8 2EQ

    This flat/maisonette leasehold property on Lancaster Hill last sold in December 2007 for £57,000. Based on price growth in the SR8 district since then, its estimated current value is £81,417 — placing it in the 2nd percentile nationally and the 38th percentile within SR8. The property covers 59 m² (635 sq ft), giving an estimated value of £1,380 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £57,000

    Dec 2007

    Estimated Valuation

    £81,417

    Est. £/sq ft

    £128/sq ft

    £1,380/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Dec 2007

    £57,000

    Key Metrics

    Estimated valuation£81,417
    Value per sq ft / m²£128/sq ft (£1,380/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile38th percentile
    National percentile2nd 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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