According to the public record, 12, Derwent Street, Houghton Le Spring is a period freehold house and with 635 ft2 of internal area and sits on a 71.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Derwent Street, Easington Lane, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
12, Derwent Street, Houghton Le Spring has a single entry in the Land Registry database from March 2022 and 3 entries in the EPC database, most recently in May 2021.
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 12 Derwent Street Houghton Le Spring as £54,232 and the rental value as £404 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 12 Derwent Street Houghton Le Spring has increased by £1,354 (2.5%) and its rental value has increased by £40 per month (9.9%).
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 12, Derwent Street, Houghton Le Spring is in very good condition we estimate a sale value of £56,943 and rental value of £424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,435 and a rental value of £376 per month.
If you were able to purchase this property for the estimated value of £54,232, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £267 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, 12, Derwent Street, Houghton Le Spring sits on a plot of 71m2.
We have plot size data on 31 out of 41 other houses in the postcode and 12, Derwent Street, Houghton Le Spring sits on the 22nd largest plot.
According to HM Land Registry, 12, Derwent Street, Houghton Le Spring was last sold on 18 Mar 2022 for £30,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Derwent Street, Houghton Le Spring within a radius of 600m over the last 2 years.
The most recent example is 11, Girven Terrace West, Houghton Le Spring, DH5 0JX, a Freehold house which sold for £30,000 in Feb 2024.
Read more about house prices in DH5.
Derwent Street, Easington Lane, Houghton Le Spring, DH5 has a total of 41 addresses. According to our analysis of all the public data, 12, Derwent Street, Houghton Le Spring is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in DH5.
12, Derwent Street, Houghton Le Spring has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2021.
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 12, Derwent Street, Houghton Le Spring is Seaham station which is 7.1 km 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 12, Derwent Street, Houghton Le Spring, 44.3% of property is privately owned outright and 33.6% is privately owned with a mortgage.
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 12, Derwent Street, Houghton Le Spring, 17.4% of residents are recorded as possessing school level qualifications and 22.0% 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 12, Derwent Street, Houghton Le Spring, the average age was 39.4 and the most common age was 32.
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 12, Derwent Street, Houghton Le Spring, 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 12, Derwent Street, Houghton Le Spring, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.