2 Craig Terrace

    2, CRAIG TERRACE, PETERLEE, SR8 3AJ

    This terraced freehold property on Craig Terrace last sold in November 2022 for £85,000. Based on price growth in the SR8 district since then, its estimated current value is £91,762 — placing it in the 3rd percentile nationally and the 48th percentile within SR8. The property covers 58 m² (624 sq ft), giving an estimated value of £1,582 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £85,000

    Nov 2022

    Estimated Valuation

    £91,762

    Est. £/sq ft

    £147/sq ft

    £1,582/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateFeb 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2022

    £85,000

    10 Aug 2005

    £90,000

    17 Nov 2000

    £22,750

    Key Metrics

    Estimated valuation£91,762
    Value per sq ft / m²£147/sq ft (£1,582/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile48th percentile
    National percentile3rd 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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