According to the public record, 38 Bede House, Sunderland is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Bede House, Castle Green, Sunderland, SR3.
Castle Green, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
38 Bede House, Sunderland has 51 entries in the Land Registry database, most recently in April 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Bede House Sunderland as £48,283 and the rental value as £385 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 38 Bede House Sunderland has increased by £638 (1.3%) and its rental value has increased by £33 per month (8.7%).
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 38 Bede House, Sunderland is in very good condition we estimate a sale value of £50,697 and rental value of £405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £44,903 and a rental value of £358 per month.
If you were able to purchase this property for the estimated value of £48,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £237 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, 38 Bede House, Sunderland was last sold on 28 Apr 2006 for £64,950 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38 Bede House, Sunderland within a radius of 0m over the last 2 years.
The most recent example is 56 Bede House, Castle Green, Sunderland, SR3 3HL, a Leasehold flat which sold for £46,000 in Apr 2023.
Read more about house prices in SR3.
Castle Green, Sunderland, SR3 has a total of 32 addresses. According to our analysis of all the public data, 38 Bede House, Sunderland is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SR3.
The closest station to 38 Bede House, Sunderland is Sunderland station which is 4.5 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 38 Bede House, Sunderland, 51.2% of property is socially rented and 26.0% is privately rented.
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 38 Bede House, Sunderland, 14.6% of residents are recorded as possessing school level qualifications and 16.9% 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 38 Bede House, Sunderland, the average age was 44.1 and the most common age was 62.
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 38 Bede House, 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 38 Bede House, 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.