2 Lorimers Close

    2, LORIMERS CLOSE, PETERLEE, SR8 2NH

    This detached freehold property on Lorimers Close last sold in April 2020 for £280,000. Based on price growth in the SR8 district since then, its estimated current value is £333,214 — placing it in the 56th percentile nationally and the 97th percentile within SR8. The property covers 195 m² (2,099 sq ft), giving an estimated value of £1,709 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £280,000

    Apr 2020

    Estimated Valuation

    £333,214

    Est. £/sq ft

    £159/sq ft

    £1,709/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,099 sq ft (195 m²)
    EPC dateDec 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Apr 2020

    £280,000

    Key Metrics

    Estimated valuation£333,214
    Value per sq ft / m²£159/sq ft (£1,709/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile97th percentile
    National percentile56th 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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