According to the public record, 4, Wellands Lane, Sunderland is a early-century freehold house with 753 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellands Lane, Sunderland, SR6 is located in the borough of South Tyneside within the SR6 postal district.
4, Wellands Lane, Sunderland has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated May 2018.
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 4 Wellands Lane Sunderland as £147,289 and the rental value as £979 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 4 Wellands Lane Sunderland has increased by £2,615 (1.8%) and its rental value has increased by £94 per month (9.6%).
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, Wellands Lane, Sunderland is in very good condition we estimate a sale value of £154,653 and rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,979 and a rental value of £910 per month.
If you were able to purchase this property for the estimated value of £147,289, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £724 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, Wellands Lane, Sunderland sits on a plot of 230m2.
We have plot size data on 2 out of 3 other houses in the postcode and 4, Wellands Lane, Sunderland sits on the 2nd largest plot.
According to HM Land Registry, 4, Wellands Lane, Sunderland was last sold on 28 Sep 2018 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Wellands Lane, Sunderland within a radius of 900 metres over the last 2 years.
The most recent example is 16, Wellands Lane, Sunderland, SR6 7BJ, a Freehold house which sold for £163,000 in Oct 2023.
Read more about house prices in SR6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellands Lane, Sunderland, SR6 has a total of 96 addresses. According to our analysis of all the public data, 4, Wellands Lane, Sunderland is the 75th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in SR6.
4, Wellands Lane, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2018.
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 4, Wellands Lane, Sunderland is Sunderland station which is 5.1 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, Wellands Lane, Sunderland, 52.1% of property is privately owned outright and 29.4% 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, Wellands Lane, Sunderland, 22.1% of residents are recorded as possessing school level qualifications and 34.0% 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 4, Wellands Lane, Sunderland, the average age was 45.8 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 4, Wellands Lane, Sunderland, 0.7% 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, Wellands Lane, Sunderland, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.