According to the public record, 2, Munro Way, Sunderland is a modern freehold house and with 979 ft2 of internal area and sits on a 212 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Munro Way, Sunderland, SR5 is located in the borough of Sunderland within the SR5 postal district.
2, Munro Way, Sunderland has a single entry in the Land Registry database from September 2016 and no records in the EPC database.
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 2 Munro Way Sunderland as £175,223 and the rental value as £866 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Munro Way Sunderland has increased by £2,508 (1.4%) and its rental value has increased by £87 per month (10.0%).
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 2, Munro Way, Sunderland is in very good condition we estimate a sale value of £183,984 and rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,958 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £175,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £861 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, 2, Munro Way, Sunderland sits on a plot of 212m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Munro Way, Sunderland sits on the 2nd largest plot.
According to HM Land Registry, 2, Munro Way, Sunderland was last sold on 23 Sep 2016 for £144,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Munro Way, Sunderland within a radius of 124m over the last 2 years.
The most recent example is 9, Grasmoor View, Sunderland, SR5 5EG, a Freehold house which sold for £163,250 in Oct 2022.
Read more about house prices in SR5.
Munro Way, Sunderland, SR5 has a total of 9 addresses. According to our analysis of all the public data, 2, Munro Way, Sunderland is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in SR5.
2, Munro Way, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Munro Way, Sunderland is Sunderland station which is 4.6 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 2, Munro Way, Sunderland, 58.0% of property is socially rented and 29.8% 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 2, Munro Way, Sunderland, 24.6% of residents are recorded as possessing school level qualifications and 22.6% 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 2, Munro Way, Sunderland, the average age was 38.8 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 2, Munro Way, 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 2, Munro Way, Sunderland, 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.