According to the public record, 181, Newcastle Road, Sunderland is a period leasehold house with 1,948 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Newcastle Road, Sunderland, SR5 is located in the borough of Sunderland within the SR5 postal district.
181, Newcastle Road, Sunderland has 2 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated May 2016.
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 181 Newcastle Road Sunderland as £289,539 and the rental value as £1,265 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 181 Newcastle Road Sunderland has increased by £172 (0.1%) and its rental value has increased by £104 per month (8.2%).
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 181, Newcastle Road, Sunderland is in very good condition we estimate a sale value of £304,016 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,271 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £289,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,423 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 HM Land Registry, 181, Newcastle Road, Sunderland was last sold on 02 Feb 2024 for £270,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2024, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 181, Newcastle Road, Sunderland within a radius of 540 metres over the last 2 years.
The most recent example is 5, Honister Drive, Sunderland, SR5 1PA, a Freehold house which sold for £186,500 in Nov 2019.
Read more about house prices in SR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newcastle Road, Sunderland, SR5 has a total of 177 addresses. According to our analysis of all the public data, 181, Newcastle Road, Sunderland is the 27th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in SR5.
181, Newcastle Road, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2016.
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 181, Newcastle Road, Sunderland is Sunderland station which is 2.3 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 181, Newcastle Road, Sunderland, 38.4% of property is privately owned with a mortgage and 36.1% 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 181, Newcastle Road, Sunderland, 20.1% of residents are recorded as possessing school level qualifications and 36.5% 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 181, Newcastle Road, Sunderland, the average age was 45.9 and the most common age was 57.
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 181, Newcastle Road, Sunderland, 0.9% 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 181, Newcastle Road, Sunderland, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.