According to the public record, 71, Hylton Lane, Sunderland is a modern leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 71, Hylton Lane, Sunderland, SR5.
Hylton Lane, Sunderland, SR5 is located in the borough of Sunderland within the SR5 postal district.
71, Hylton Lane, Sunderland has 31 entries in the Land Registry database, most recently in April 2021 and no records in the EPC database.
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 71 Hylton Lane Sunderland as £66,941 and the rental value as £500 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 71 Hylton Lane Sunderland has increased by £849 (1.3%) and its rental value has increased by £49 per month (9.7%).
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 71, Hylton Lane, Sunderland is in very good condition we estimate a sale value of £70,288 and rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,255 and a rental value of £465 per month.
If you were able to purchase this property for the estimated value of £66,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £329 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, 71, Hylton Lane, Sunderland was last sold on 01 Apr 2021 for £60,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 71, Hylton Lane, Sunderland within a radius of 21m over the last 2 years.
The most recent example is 73A, Hylton Lane, Sunderland, SR5 4EA, a Leasehold flat which sold for £59,000 in Nov 2018.
Read more about house prices in SR5.
Hylton Lane, Sunderland, SR5 has a total of 92 addresses. According to our analysis of all the public data, 71, Hylton Lane, Sunderland is the 56th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in SR5.
71, Hylton Lane, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 71, Hylton Lane, Sunderland is Sunderland station which is 4.8 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 71, Hylton Lane, Sunderland, 40.5% of property is socially rented and 24.1% 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 71, Hylton Lane, Sunderland, 21.6% of residents are recorded as possessing school level qualifications and 12.0% 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 71, Hylton Lane, Sunderland, the average age was 38.8 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 71, Hylton Lane, 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 71, Hylton Lane, Sunderland, 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.