According to the public record, 4, Locke Close, Houghton Le Spring is a modern freehold house with 1,291 ft2 of internal area and sits on a 31,673 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Locke Close, Hetton-Le-Hole, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
4, Locke Close, Houghton Le Spring has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated September 2021.
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 good condition, we estimate the current sale value for 4 Locke Close Houghton Le Spring as £240,401 and the rental value as £1,171 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 4 Locke Close Houghton Le Spring has increased by £724 (0.3%) and its rental value has increased by £92 per month (7.8%).
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 4, Locke Close, Houghton Le Spring is in very good condition we estimate a sale value of £252,421 and rental value of £1,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,573 and a rental value of £1,089 per month.
If you were able to purchase this property for the estimated value of £240,401, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,181 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, 4, Locke Close, Houghton Le Spring sits on a plot of 31673m2.
We have plot size data on 12 out of 13 other houses in the postcode and 4, Locke Close, Houghton Le Spring sits on the largest plot.
According to HM Land Registry, 4, Locke Close, Houghton Le Spring was last sold on 24 Sep 2021 for £196,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Locke Close, Houghton Le Spring within a radius of 750 metres over the last 2 years.
The most recent example is 3, Holmfirth Close, Houghton Le Spring, DH5 9FB, a Freehold house which sold for £257,500 in Feb 2024.
Read more about house prices in DH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locke Close, Hetton-Le-Hole, Houghton Le Spring, DH5 has a total of 13 addresses. According to our analysis of all the public data, 4, Locke Close, Houghton Le Spring is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in DH5.
4, Locke Close, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2021.
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 4, Locke Close, Houghton Le Spring is Seaham station which is 7.3 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 4, Locke Close, Houghton Le Spring, 42.7% of property is socially rented and 33.5% 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 4, Locke Close, Houghton Le Spring, 17.6% of residents are recorded as possessing school level qualifications and 21.5% 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 4, Locke Close, Houghton Le Spring, the average age was 45.6 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 4, Locke Close, Houghton Le Spring, 0.4% 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 4, Locke Close, Houghton Le Spring, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.