3 Cherry Avenue

    3, CHERRY AVENUE, PETERLEE, SR8 4HJ

    This terraced freehold property on Cherry Avenue last sold in June 2013 for £43,000. Based on price growth in the SR8 district since then, its estimated current value is £56,428 — placing it in the 0th percentile nationally and the 17th percentile within SR8. The property covers 78 m² (840 sq ft), giving an estimated value of £723 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £43,000

    Jun 2013

    Estimated Valuation

    £56,428

    Est. £/sq ft

    £67/sq ft

    £723/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area840 sq ft (78 m²)
    EPC dateJan 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2013

    £43,000

    Key Metrics

    Estimated valuation£56,428
    Value per sq ft / m²£67/sq ft (£723/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile17th percentile
    National percentile0th 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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