1 Springbank

    1, SPRINGBANK, PETERLEE, SR8 1FA

    This detached freehold property on Springbank last sold in December 2022 for £180,000. Based on price growth in the SR8 district since then, its estimated current value is £198,391 — placing it in the 24th percentile nationally and the 83rd percentile within SR8. The property covers 79 m² (850 sq ft), giving an estimated value of £2,511 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £180,000

    Dec 2022

    Estimated Valuation

    £198,391

    Est. £/sq ft

    £233/sq ft

    £2,511/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area850 sq ft (79 m²)
    EPC dateNov 2016
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2022

    £180,000

    28 Aug 2020

    £165,000

    26 Oct 2018

    £170,000

    25 Nov 2016

    New build

    £169,950

    Key Metrics

    Estimated valuation£198,391
    Value per sq ft / m²£233/sq ft (£2,511/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile83rd percentile
    National percentile24th 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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