According to the public record, 60, Bailey Way, Houghton Le Spring is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,117 ft2 of internal area and sits on a 239 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Bailey Way, Hetton-Le-Hole, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
60, Bailey Way, Houghton Le Spring has 21 entries in the Land Registry database, most recently in March 2010 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 60 Bailey Way Houghton Le Spring as £168,378 and the rental value as £974 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 60 Bailey Way Houghton Le Spring has increased by £1,912 (1.1%) and its rental value has increased by £82 per month (8.4%).
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 60, Bailey Way, Houghton Le Spring is in very good condition we estimate a sale value of £176,797 and rental value of £1,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,592 and a rental value of £906 per month.
If you were able to purchase this property for the estimated value of £168,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £828 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, 60, Bailey Way, Houghton Le Spring sits on a plot of 239m2.
We have plot size data on 26 out of 37 other houses in the postcode and 60, Bailey Way, Houghton Le Spring sits on the 14th largest plot.
According to HM Land Registry, 60, Bailey Way, Houghton Le Spring was last sold on 25 Mar 2010 for £155,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Mar 2010, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Bailey Way, Houghton Le Spring within a radius of 85m over the last 2 years.
The most recent example is 55, Bailey Way, Houghton Le Spring, DH5 0HD, a Freehold house which sold for £162,500 in Jun 2023.
Read more about house prices in DH5.
Bailey Way, Hetton-Le-Hole, Houghton Le Spring, DH5 has a total of 65 addresses. According to our analysis of all the public data, 60, Bailey Way, Houghton Le Spring is the 7th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in DH5.
The closest station to 60, Bailey Way, Houghton Le Spring is Seaham station which is 7.3 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 60, Bailey Way, Houghton Le Spring, 69.8% of property is socially rented and 11.3% 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 60, Bailey Way, Houghton Le Spring, 25.7% of residents are recorded as possessing school level qualifications and 13.4% 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 60, Bailey Way, Houghton Le Spring, the average age was 39.4 and the most common age was 32.
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 60, Bailey Way, Houghton Le Spring, 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 60, Bailey Way, Houghton Le Spring, 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.