16 Office Street

    16, OFFICE STREET, PETERLEE, PETERLEE, SR8 3QW

    This terraced freehold property on Office Street last sold in June 2003 for £35,000. Based on price growth in the SR8 district since then, its estimated current value is £72,991 — placing it in the 1st percentile nationally and the 29th percentile within SR8. The property covers 107 m² (1,152 sq ft), giving an estimated value of £682 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £35,000

    Jun 2003

    Estimated Valuation

    £72,991

    Est. £/sq ft

    £63/sq ft

    £682/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateMar 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jun 2003

    £35,000

    8 Mar 2002

    £23,750

    30 Aug 1995

    £31,000

    Key Metrics

    Estimated valuation£72,991
    Value per sq ft / m²£63/sq ft (£682/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile29th percentile
    National percentile1st 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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