According to the public record, 7, Redwing Close, Houghton Le Spring is a modern freehold house with 1,097 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redwing Close, Easington Lane, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
7, Redwing Close, Houghton Le Spring has 2 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated November 2012.
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 7 Redwing Close Houghton Le Spring as £175,367 and the rental value as £997 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 7 Redwing Close Houghton Le Spring has increased by £5,706 (3.3%) and its rental value has increased by £106 per month (10.6%).
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 7, Redwing Close, Houghton Le Spring is in very good condition we estimate a sale value of £184,136 and rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,092 and a rental value of £927 per month.
If you were able to purchase this property for the estimated value of £175,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, 7, Redwing Close, Houghton Le Spring sits on a plot of 220m2.
We have plot size data on 10 out of 10 other houses in the postcode and 7, Redwing Close, Houghton Le Spring sits on the 7th largest plot.
According to HM Land Registry, 7, Redwing Close, Houghton Le Spring was last sold on 29 Jul 2022 for £188,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Redwing Close, Houghton Le Spring within a radius of 720 metres over the last 2 years.
The most recent example is 33, Kingfisher Drive, Houghton Le Spring, DH5 0GE, a Freehold house which sold for £207,000 in Feb 2024.
Read more about house prices in DH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwing Close, Easington Lane, Houghton Le Spring, DH5 has a total of 10 addresses. According to our analysis of all the public data, 7, Redwing Close, Houghton Le Spring is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in DH5.
7, Redwing Close, Houghton Le Spring has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Redwing Close, Houghton Le Spring is Seaham station which is 6.7 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 7, Redwing Close, Houghton Le Spring, 46.5% of property is socially rented and 22.8% is privately owned outright.
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 7, Redwing Close, Houghton Le Spring, 20.7% of residents are recorded as possessing school level qualifications and 14.9% 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 7, Redwing Close, 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 7, Redwing Close, 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 7, Redwing Close, Houghton Le Spring, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.