According to the public record, 11, Raine Grove, Sunderland is a modern freehold house with 775 ft2 of internal area and sits on a 194 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Raine Grove, Sunderland, SR1 is located in the borough of Sunderland within the SR1 postal district.
11, Raine Grove, Sunderland has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Raine Grove Sunderland as £97,164 and the rental value as £592 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 11 Raine Grove Sunderland has increased by £3,590 (3.7%) and its rental value has increased by £67 per month (11.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Raine Grove, Sunderland is in very good condition we estimate a sale value of £102,023 and rental value of £621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,363 and a rental value of £550 per month.
If you were able to purchase this property for the estimated value of £97,164, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £478 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 11, Raine Grove, Sunderland sits on a plot of 194m2.
We have plot size data on 6 out of 24 other houses in the postcode and 11, Raine Grove, Sunderland sits on the 4th largest plot.
According to HM Land Registry, 11, Raine Grove, Sunderland was last sold on 24 Jul 2020 for £68,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Raine Grove, Sunderland within a radius of 500 metres over the last 2 years.
The most recent example is 19, Raine Grove, Sunderland, SR1 2LH, a Freehold house which sold for £102,000 in May 2023.
Read more about house prices in SR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raine Grove, Sunderland, SR1 has a total of 24 addresses. According to our analysis of all the public data, 11, Raine Grove, Sunderland is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in SR1.
11, Raine Grove, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Raine Grove, Sunderland is Sunderland station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Raine Grove, Sunderland, 89.7% of property is socially rented and 4.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Raine Grove, Sunderland, 6.7% of residents are recorded as possessing school level qualifications and 13.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Raine Grove, Sunderland, the average age was 40.9 and the most common age was 37.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Raine Grove, Sunderland, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Raine Grove, Sunderland, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.