Stede Logo

Stede

Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ

How much is Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ worth?

Estimated value — July 2026

£1,690,000

Likely range £1,222,000 – £2,301,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale March 2023

46%

confidence

Medium

Typically within 13% of the sale price

Property details

Property

Essington Way · Peterlee · SR8 5AZ

Address

District
County Durham
County
County Durham
See house prices in SR8 →

Value over time

  • Modelled value
  • Recorded sale
  • Today's estimate
£1m£1.5m£2m£2.5m£3m20162017201820192020202120222023202420252026£1,690,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. A sale we treat with caution is shown but the line doesn't pass through it.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueRecorded sale
2015£1,139,466£2,900,000
2016£1,151,920—
2017£1,200,798—
2018£1,203,963—
2019£1,194,866—
2020£1,281,540—
2021£1,403,422—
2022£1,557,083—
2023£1,511,911£1,248,000
2024£1,601,220—
2025£1,674,586—
2026£1,690,000—

Sale history

2015Sold
£2,900,000

Treated with caution in this estimate: recorded by HM Land Registry as an additional price paid entry.

2023Sold
-57%£1,248,000

Treated with caution in this estimate: recorded by HM Land Registry as an additional price paid entry.

2026Today — estimated
+35%£1,690,000

Mortgage calculator

£9,070

Estimated monthly repayment

£1,521,000

Loan amount

£1,744,318

Total interest

£3,265,318

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ is a property on Essington Way in Peterlee, County Durham. Stede's estimated value for July 2026 is £1,690,000. Four in five similar homes sold within their likely range when tested; for this property that range is £1,222,000 to £2,301,000. It is based on its own last sale brought up to date with the House Price Index. The confidence score is 46 out of 100 (medium): estimates like this one are typically within 13% of the eventual sale price.

It last sold in March 2023 for £1,248,000. It has 2 sales on record, the earliest in 2015. The current estimate is 35% higher than that price. The current owner has held it for about 3 years.

The modelled value is up 5% over the past year and up 20% over the past five years.

Common questions

How much is Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ worth?

Stede estimates Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ is worth £1,690,000 as of July 2026, within a likely range of £1,222,000 to £2,301,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ last sell?

It last sold in March 2023 for £1,248,000. There are 2 sales on record, the earliest in 2015.

What type of property is Unit 2, Essington Way, Peterlee, County Durham, SR8 5AZ?

Its property type is not recorded in the available sale data.

How reliable is this estimate?

The confidence score is 46 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 13% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It is based on its own last sale brought up to date with the House Price Index. Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

This is the evidence the estimate is based on. The likely range and confidence come from testing the same method against 50,828 real sales of similar homes.

  • Its sale in March 2023, brought up to today with the House Price Index — a sale we treat with caution£1,689,585100%

Estimate £1,690,000, likely £1,222,000 – £2,301,000

Read the full methodology and data sources →