3 Lorimers Close

    3, LORIMERS CLOSE, PETERLEE, SR8 2NH

    This detached freehold property on Lorimers Close last sold in November 2024 for £465,000. Based on price growth in the SR8 district since then, its estimated current value is £528,427 — placing it in the 81st percentile nationally and the 100th percentile within SR8. The property covers 345 m² (3,714 sq ft), giving an estimated value of £1,532 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,714 sq ft

    345 m²

    Last Sale Price

    £465,000

    Nov 2024

    Estimated Valuation

    £528,427

    Est. £/sq ft

    £142/sq ft

    £1,532/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area3,714 sq ft (345 m²)
    EPC dateMar 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2024

    £465,000

    23 Jan 2007

    £235,000

    Key Metrics

    Estimated valuation£528,427
    Value per sq ft / m²£142/sq ft (£1,532/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile100th percentile
    National percentile81st 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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