According to the public record, 3, Ribble Road, Sunderland is a mid-century apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ribble Road, Sunderland, SR5 is located in the borough of Sunderland within the SR5 postal district.
3, Ribble Road, Sunderland has no records in the Land Registry database and a single entry in the EPC database dated May 2017.
We combine this information with public data 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 3 Ribble Road Sunderland as £63,855 and the rental value as £471 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 3 Ribble Road Sunderland has increased by £671 (1.1%) and its rental value has increased by £46 per month (9.7%).
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 3, Ribble Road, Sunderland is in very good condition we estimate a sale value of £67,048 and rental value of £495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,386 and a rental value of £438 per month.
If you were able to purchase this property for the estimated value of £63,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £314 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 600 metres radius of 3, Ribble Road, Sunderland over the last 2 years.
The most recent example is 18, Rotherfield Road, Sunderland, SR5 5DJ, a Freehold house which sold for £94,500 in Mar 2021.
Read more about house prices in SR5.
Ribble Road, Sunderland, SR5 has a total of 30 addresses. According to our analysis of all the public data, 3, Ribble Road, Sunderland is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SR5.
3, Ribble Road, Sunderland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Ribble Road, Sunderland is Sunderland station which is 4.0 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 3, Ribble Road, Sunderland, 45.4% of property is socially rented and 23.7% 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 3, Ribble Road, Sunderland, 18.4% of residents are recorded as possessing school level qualifications and 12.4% 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 3, Ribble Road, Sunderland, the average age was 40.7 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 3, Ribble Road, 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 3, Ribble Road, Sunderland, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.