23 Lorimers Close

    23, LORIMERS CLOSE, PETERLEE, SR8 2NH

    This detached freehold property on Lorimers Close last sold in August 2024 for £311,000. Based on price growth in the SR8 district since then, its estimated current value is £353,421 — placing it in the 60th percentile nationally and the 97th percentile within SR8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £3,073 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £311,000

    Aug 2024

    Estimated Valuation

    £353,421

    Est. £/sq ft

    £285/sq ft

    £3,073/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    30 Aug 2024

    £311,000

    10 Jul 2006

    £270,000

    Key Metrics

    Estimated valuation£353,421
    Value per sq ft / m²£285/sq ft (£3,073/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile97th percentile
    National percentile60th 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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