Essex Place, Peterlee, County Durham, SR8
By Dowen
£ 65,000
Reviews
2 out of 5 stars
Dowen says ..
Introducing this charming two-bedroom mid-terraced house, located in the popular residential area of Essex Place, Peterlee. Offered with no onward chain, this home presents a fantastic opportunity for first-time buyers, downsizers, or investors. Featuring a versatile layout and outdoor s...
Property Oracle says ..
This two-bedroom terraced house in Peterlee, County Durham, presents a mixed bag. Located in an area with reasonably good access to schools and train stations, the location offers some advantages. The property itself, while structurally sound, displays dated interiors and requires modernisation. The kitchen and bathrooms are functional but could benefit from an update, appealing more to a modern buyer. The small paved garden offers some external space but is limited in size and requires landscaping. The absence of comparable property data in the surrounding area makes accurate market pricing difficult. Given the overall condition, the asking price appears within a reasonable range, particularly if the buyer is prepared to invest in renovations. This property is likely to attract first-time buyers or investors seeking a renovation project with the potential to add value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 700.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 211,000.00 £Increased by 2.49 %
- Est sale value
- 193,200.00 £Increased by 14.52 %
- Average area rental value
- 961.00 £/moDecreased by 14.43 %
- Est letting value
- 700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.47 %Decreased by 16.49 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Dowen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Acre Rigg Academy | Academy Sponsor Led | Good | 0.52 KM |
| Acre Rigg Infant School | Community School | Good | 0.54 KM |
| Endeavour Academy Durham | Free Schools Alternative Provision | Good | 0.91 KM |
| East Durham College | Further Education | Good | 0.91 KM |
| Our Lady Of The Rosary Catholic Primary School | Academy Converter | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Northampton Road | £ 0 | 0 | 0.00 KM |
| Armstrong Road | £ 147,475 | 0 | 0.00 KM |
| Mitchell Close | £ 174,950 | 0 | 0.00 KM |
| Little Thorpe | £ 550,000 | 0 | 0.00 KM |
| Oakcroft Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Seaham | 7814 | SEA | 7.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Kent Walk, Peterlee | £ 86,500 | BUY | 6 / 10 | 0.06 KM |
| Kent Walk, Peterlee, SR8 2BN | £ 95,000 | BUY | Unknown | 0.06 KM |
| Norfolk Walk, Peterlee, County Durham, SR8 | £ 80,000 | BUY | 7 / 10 | 0.11 KM |
| Cambridge Road, Peterlee, SR8 | £ 110,000 | BUY | 7 / 10 | 0.13 KM |
| Kent Walk, Peterlee, County Durham, SR8 | £ 125,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Suffolk Walk | £ 84,500 | 0.06 KM |
| 12 Suffolk Walk | £ 75,000 | 0.06 KM |
| 5 Suffolk Walk | £ 61,000 | 0.06 KM |
| 13 Essex Place | £ 52,550 | 0.06 KM |
| 11 Essex Place | £ 68,000 | 0.06 KM |