According to the public record, 7, Ringwood Square, Sunderland is a mid-century freehold house with 914 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ringwood Square, Sunderland, SR5 is located in the borough of Sunderland within the SR5 postal district.
7, Ringwood Square, Sunderland has 21 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated October 2022.
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 Ringwood Square Sunderland as £96,122 and the rental value as £618 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 7 Ringwood Square Sunderland has increased by £903 (0.9%) and its rental value has increased by £59 per month (9.6%).
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, Ringwood Square, Sunderland is in very good condition we estimate a sale value of £100,928 and rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,393 and a rental value of £575 per month.
If you were able to purchase this property for the estimated value of £96,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £472 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, Ringwood Square, Sunderland sits on a plot of 152m2.
We have plot size data on 16 out of 40 other houses in the postcode and 7, Ringwood Square, Sunderland sits on the 12th largest plot.
According to HM Land Registry, 7, Ringwood Square, Sunderland was last sold on 10 Mar 2023 for £47,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2023, 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, Ringwood Square, Sunderland within a radius of 530 metres over the last 2 years.
The most recent example is 11, Redruth Square, Sunderland, SR5 5QW, a Freehold house which sold for £100,000 in Jun 2023.
Read more about house prices in SR5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ringwood Square, Sunderland, SR5 has a total of 40 addresses. According to our analysis of all the public data, 7, Ringwood Square, Sunderland is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in SR5.
7, Ringwood Square, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 7, Ringwood Square, Sunderland is Sunderland station which is 3.7 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, Ringwood Square, Sunderland, 31.8% of property is privately owned with a mortgage and 31.8% is socially 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 7, Ringwood Square, Sunderland, 19.6% of residents are recorded as possessing school level qualifications and 16.5% 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, Ringwood Square, Sunderland, the average age was 40.7 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 7, Ringwood Square, Sunderland, 0.7% 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, Ringwood Square, Sunderland, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.