47, Springbank, SR8 1FA

47 Springbank is a 51 m² semi-detached home in Peterlee. It sold for £228,000 in Feb 2017.

Property data
Sale history
£228,000 on Feb 2017

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
51 square metres (549 square feet) according to latest EPC inspection
Price per internal area

This property sold for £4,470 per square metre (£415 per square foot) in Feb 2017. Indexed forward to today's value, this is roughly £6,278 per square metre (£583 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Feb 2017 £228,000 £4,471 £320,162 £6,278

Calculated using the latest EPC internal area of 51 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £320,162. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Peterlee are now selling for between £1,170 and £2,510 per square metre (£108 and £233 per square foot). Based on an internal area of 51 m², this implies a valuation between £60,000 and £128,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
na
Type
Semi-detached
Council tax band
na
Plot size
128 square metres (1,378 square feet) - map showing freehold boundary lines
Company ownership
Title number
DU361282
Tenure
Freehold
Title address
47 Springbank, Peterlee
Owner
LIVIN HOUSING LIMITED (Company reference number: 030568R)
Proprietor address: Farrell House, Unit A2, Arlington Way, Spennymoor DL16 6NL
Price paid on title: £228,000
Ownership record added to Land Registry's corporate ownership dataset 03 Mar 2017
Social housing indicators

This property has been flagged on the basis of:

  • Land Registry records the owner as Livin Housing Limited (a Regulator of Social Housing registered provider).
EPC Inspections
Summary:
02 November 2015 - energy performance certificate grade B
Reason for EPC:
New dwelling
Tenure:
Unknown
Property type:
End-Terrace House Estimated year built None to None
Area:
51 sqm (549 square foot) total internal area
Comments:
Heating: Boiler and radiators, mains gas.