54 Welland Close

    54, WELLAND CLOSE, PETERLEE, SR8 1HY

    This terraced freehold property on Welland Close last sold in May 2023 for £58,000. Based on price growth in the SR8 district since then, its estimated current value is £66,865 — placing it in the 1st percentile nationally and the 24th percentile within SR8. The property covers 84 m² (904 sq ft), giving an estimated value of £796 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £58,000

    May 2023

    Estimated Valuation

    £66,865

    Est. £/sq ft

    £74/sq ft

    £796/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area904 sq ft (84 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 May 2023

    £58,000

    Key Metrics

    Estimated valuation£66,865
    Value per sq ft / m²£74/sq ft (£796/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR8 district percentile24th 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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