According to the public record, 38, Derwent Street, Houghton Le Spring is a period freehold house and with 1,011 ft2 of internal area and sits on a 78.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Derwent Street, Easington Lane, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
38, Derwent Street, Houghton Le Spring has 21 entries in the Land Registry database, most recently in April 2008 and 3 entries in the EPC database, most recently in October 2023.
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 38 Derwent Street Houghton Le Spring as £69,667 and the rental value as £468 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 38 Derwent Street Houghton Le Spring has increased by £791 (1.1%) and its rental value has increased by £39 per month (8.4%).
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, Derwent Street, Houghton Le Spring is in very good condition we estimate a sale value of £73,150 and rental value of £491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,790 and a rental value of £435 per month.
If you were able to purchase this property for the estimated value of £69,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £342 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, 38, Derwent Street, Houghton Le Spring sits on a plot of 79m2.
We have plot size data on 31 out of 41 other houses in the postcode and 38, Derwent Street, Houghton Le Spring sits on the 14th largest plot.
According to HM Land Registry, 38, Derwent Street, Houghton Le Spring was last sold on 29 Apr 2008 for £90,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2008, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Derwent Street, Houghton Le Spring within a radius of 227m over the last 2 years.
The most recent example is 15, Derwent Street, Houghton Le Spring, DH5 0HG, a Freehold house which sold for £55,000 in Jul 2024.
Read more about house prices in DH5.
Derwent Street, Easington Lane, Houghton Le Spring, DH5 has a total of 41 addresses. According to our analysis of all the public data, 38, Derwent Street, Houghton Le Spring is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in DH5.
38, Derwent Street, Houghton Le Spring has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2023.
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 38, Derwent Street, Houghton Le Spring is Seaham station which is 7.1 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, Derwent Street, Houghton Le Spring, 44.3% of property is privately owned outright and 33.6% 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 38, Derwent Street, Houghton Le Spring, 17.4% of residents are recorded as possessing school level qualifications and 22.0% 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, Derwent Street, Houghton Le Spring, the average age was 39.4 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 38, Derwent Street, Houghton Le Spring, 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, Derwent Street, Houghton Le Spring, 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.