2 Derwent Road

    2, DERWENT ROAD, PETERLEE, SR8 5PZ

    This detached freehold property on Derwent Road last sold in March 2017 for £53,500. Based on price growth in the SR8 district since then, its estimated current value is £70,841 — placing it in the 1st percentile nationally and the 28th percentile within SR8. The property covers 82 m² (883 sq ft), giving an estimated value of £864 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £53,500

    Mar 2017

    Estimated Valuation

    £70,841

    Est. £/sq ft

    £80/sq ft

    £864/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2017

    £53,500

    Key Metrics

    Estimated valuation£70,841
    Value per sq ft / m²£80/sq ft (£864/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile28th 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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