According to the public record, 6, Merrington Close, Sunderland is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,082 ft2 of internal area and sits on a 205 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Merrington Close, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
6, Merrington Close, Sunderland has 21 entries in the Land Registry database, most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Merrington Close Sunderland as £131,749 and the rental value as £855 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 6 Merrington Close Sunderland has increased by £743 (0.6%) and its rental value has increased by £62 per month (7.3%).
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 6, Merrington Close, Sunderland is in very good condition we estimate a sale value of £138,337 and rental value of £897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,527 and a rental value of £795 per month.
If you were able to purchase this property for the estimated value of £131,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £648 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, 6, Merrington Close, Sunderland sits on a plot of 205m2.
We have plot size data on 7 out of 9 other houses in the postcode and 6, Merrington Close, Sunderland sits on the 8th largest plot.
According to HM Land Registry, 6, Merrington Close, Sunderland was last sold on 15 Feb 2008 for £149,950 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Merrington Close, Sunderland within a radius of 637m over the last 2 years.
The most recent example is 11, Woodside, Sunderland, SR3 3SJ, a Freehold house which sold for £120,000 in Mar 2021.
Read more about house prices in SR3.
Merrington Close, Sunderland, SR3 has a total of 31 addresses. According to our analysis of all the public data, 6, Merrington Close, Sunderland is the largest and the most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in SR3.
The closest station to 6, Merrington Close, Sunderland is Sunderland station which is 5.2 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 6, Merrington Close, Sunderland, 43.6% of property is privately owned outright and 28.2% 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 6, Merrington Close, Sunderland, 11.8% of residents are recorded as possessing school level qualifications and 35.7% 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 6, Merrington Close, Sunderland, the average age was 47.9 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 6, Merrington Close, 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 6, Merrington Close, Sunderland, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.