5 Paradise Lane

    5, PARADISE LANE, EASINGTON, PETERLEE, SR8 3EX

    This terraced freehold property on Paradise Lane last sold in June 2019 for £57,000. Based on price growth in the SR8 district since then, its estimated current value is £80,712 — placing it in the 2nd percentile nationally and the 37th percentile within SR8. The property covers 175 m² (1,884 sq ft), giving an estimated value of £461 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,884 sq ft

    175 m²

    Last Sale Price

    £57,000

    Jun 2019

    Estimated Valuation

    £80,712

    Est. £/sq ft

    £43/sq ft

    £461/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialA
    Floor area1,884 sq ft (175 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2019

    £57,000

    Key Metrics

    Estimated valuation£80,712
    Value per sq ft / m²£43/sq ft (£461/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile37th 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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