16 Mendip Close

    16, MENDIP CLOSE, PETERLEE, SR8 2JL

    This terraced freehold property on Mendip Close last sold in December 2022 for £62,500. Based on price growth in the SR8 district since then, its estimated current value is £67,472 — placing it in the 1st percentile nationally and the 25th percentile within SR8. The property covers 87 m² (936 sq ft), giving an estimated value of £776 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £62,500

    Dec 2022

    Estimated Valuation

    £67,472

    Est. £/sq ft

    £72/sq ft

    £776/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2022

    £62,500

    Key Metrics

    Estimated valuation£67,472
    Value per sq ft / m²£72/sq ft (£776/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile25th 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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