According to the public record, 52 Planet House, Sunderland is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Planet House, Upper Market Square, Sunderland, SR1.
Upper Market Square, Sunderland, SR1 is located in the borough of Sunderland within the SR1 postal district.
52 Planet House, Sunderland has 2 entries in the Land Registry database, most recently in April 2024 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 reasonable condition, we estimate the current sale value for 52 Planet House Sunderland as £54,339 and the rental value as £405 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 52 Planet House Sunderland has increased by £1,306 (2.4%) and its rental value has increased by £41 per month (10.0%).
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 52 Planet House, Sunderland is in very good condition we estimate a sale value of £57,056 and rental value of £425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,535 and a rental value of £376 per month.
If you were able to purchase this property for the estimated value of £54,339, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £267 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, 52 Planet House, Sunderland was last sold on 08 Apr 2024 for £52,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2024, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52 Planet House, Sunderland within a radius of 500 metres over the last 2 years.
The most recent example is 62 Astral House, Upper Walworth Way, Sunderland, SR1 3DY, a Leasehold flat which sold for £45,000 in Jan 2024.
Read more about house prices in SR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Market Square, Sunderland, SR1 has a total of 90 addresses. According to our analysis of all the public data, 52 Planet House, Sunderland is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in SR1.
52 Planet House, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 52 Planet House, Sunderland is Sunderland station which is 100 metres 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 52 Planet House, Sunderland, 86.0% of property is socially rented and 8.4% 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 52 Planet House, Sunderland, 5.0% of residents are recorded as possessing school level qualifications and 10.9% 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 52 Planet House, Sunderland, the average age was 36.7 and the most common age was 22.
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 52 Planet 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 52 Planet House, Sunderland, there are an average of 0.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.