Essex Place, Peterlee, County Durham, SR8
DO

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 %
from 205,865.00 £
Est sale value
193,200.00 £
Increased by 14.52 %
from 168,700.00 £
Average area rental value
961.00 £/mo
Decreased by 14.43 %
from 1,123.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
5.47 %
Decreased by 16.49 %
from 6.55 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Dowen created the listing.

Nearby Schools

NameTypeOfstedDistance
Acre Rigg AcademyAcademy Sponsor LedGood0.52 KM
Acre Rigg Infant SchoolCommunity SchoolGood0.54 KM
Endeavour Academy DurhamFree Schools Alternative ProvisionGood0.91 KM
East Durham CollegeFurther EducationGood0.91 KM
Our Lady Of The Rosary Catholic Primary SchoolAcademy Converter1.19 KM

Images

IMG_4102 IMG_4094 IMG_4096 IMG_4097 IMG_4092 IMG_4089 IMG_4076 IMG_4078 IMG_4080 IMG_4081 IMG_4084 IMG_4086 IMG_4087

Nearby Streets

NameAverage PriceAverage SqftDistance
Northampton Road £ 000.00 KM
Armstrong Road £ 147,47500.00 KM
Mitchell Close £ 174,95000.00 KM
Little Thorpe £ 550,00000.00 KM
Oakcroft Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Seaham7814SEA7.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Kent Walk, Peterlee £ 86,500BUY6 / 100.06 KM
Kent Walk, Peterlee, SR8 2BN £ 95,000BUYUnknown0.06 KM
Norfolk Walk, Peterlee, County Durham, SR8 £ 80,000BUY7 / 100.11 KM
Cambridge Road, Peterlee, SR8 £ 110,000BUY7 / 100.13 KM
Kent Walk, Peterlee, County Durham, SR8 £ 125,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
8 Suffolk Walk £ 84,5000.06 KM
12 Suffolk Walk £ 75,0000.06 KM
5 Suffolk Walk £ 61,0000.06 KM
13 Essex Place £ 52,5500.06 KM
11 Essex Place £ 68,0000.06 KM