According to the public record, 12, Nesham Terrace, Sunderland is a mid-century freehold house with 839 ft2 of internal area and sits on a 104 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Nesham Terrace, Sunderland, SR1 is located in the borough of Sunderland within the SR1 postal district.
12, Nesham Terrace, Sunderland has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated June 2018.
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 Nesham Terrace Sunderland as £84,138 and the rental value as £502 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 12 Nesham Terrace Sunderland has increased by £3,368 (4.0%) and its rental value has increased by £59 per month (11.7%).
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, Nesham Terrace, Sunderland is in very good condition we estimate a sale value of £88,344 and rental value of £527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,248 and a rental value of £467 per month.
If you were able to purchase this property for the estimated value of £84,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £414 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, Nesham Terrace, Sunderland sits on a plot of 104m2.
We have plot size data on 5 out of 12 other houses in the postcode and 12, Nesham Terrace, Sunderland sits on the 4th largest plot.
According to HM Land Registry, 12, Nesham Terrace, Sunderland was last sold on 10 Aug 2018 for £70,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Nesham Terrace, Sunderland within a radius of 790 metres over the last 2 years.
The most recent example is 10, Mariner Square, Sunderland, SR1 2DX, a Freehold house which sold for £85,500 in Oct 2022.
Read more about house prices in SR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nesham Terrace, Sunderland, SR1 has a total of 12 addresses. According to our analysis of all the public data, 12, Nesham Terrace, Sunderland is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in SR1.
12, Nesham Terrace, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2018.
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, Nesham Terrace, Sunderland is Sunderland station which is 1.2 kilometres 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, Nesham Terrace, Sunderland, 59.8% of property is socially rented and 25.2% 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 12, Nesham Terrace, Sunderland, 19.0% of residents are recorded as possessing school level qualifications and 11.7% 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, Nesham Terrace, 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 12, Nesham Terrace, Sunderland, 0.8% 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, Nesham Terrace, Sunderland, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.