According to the public record, 40, Laws Street, Sunderland is a period freehold house and with 914 ft2 of internal area and sits on a 98.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laws Street, Sunderland, SR6 is located in the borough of Sunderland within the SR6 postal district.
40, Laws Street, Sunderland has 21 entries in the Land Registry database, most recently in August 2020 and no records in the EPC database.
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 40 Laws Street Sunderland as £166,191 and the rental value as £1,008 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 40 Laws Street Sunderland has increased by £2,861 (1.7%) and its rental value has increased by £99 per month (9.8%).
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 40, Laws Street, Sunderland is in very good condition we estimate a sale value of £174,501 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,558 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £166,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £817 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, 40, Laws Street, Sunderland sits on a plot of 99m2.
We have plot size data on 15 out of 27 other houses in the postcode and 40, Laws Street, Sunderland sits on the 6th largest plot.
According to HM Land Registry, 40, Laws Street, Sunderland was last sold on 07 Aug 2020 for £70,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Laws Street, Sunderland within a radius of 121m over the last 2 years.
The most recent example is 13, Lee Street, Sunderland, SR6 9BA, a Freehold house which sold for £90,000 in Jul 2023.
Read more about house prices in SR6.
Laws Street, Sunderland, SR6 has a total of 48 addresses. According to our analysis of all the public data, 40, Laws Street, Sunderland is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in SR6.
40, Laws Street, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 40, Laws Street, Sunderland is Sunderland station which is 2.5 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 40, Laws Street, Sunderland, 43.7% of property is privately owned outright and 30.4% 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 40, Laws Street, Sunderland, 9.9% of residents are recorded as possessing school level qualifications and 25.1% 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 40, Laws Street, Sunderland, the average age was 48.5 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 40, Laws Street, 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 40, Laws Street, 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.