According to the public record, 9, Merrington Close, Sunderland is a mid-century apartment with 500 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Merrington Close, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
9, Merrington Close, Sunderland has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 9 Merrington Close Sunderland as £48,221 and the rental value as £397 per month giving an expected gross yield of 9.9%.
Over the last 12 months the sale value of 9 Merrington Close Sunderland has increased by £777 (1.6%) and its rental value has increased by £33 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 9, Merrington Close, Sunderland is in very good condition we estimate a sale value of £50,632 and rental value of £417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £44,845 and a rental value of £369 per month.
If you were able to purchase this property for the estimated value of £48,221, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £237 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, 9, Merrington Close, Sunderland was last sold on 14 Feb 2003 for £60,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Merrington Close, Sunderland within a radius of 261m over the last 2 years.
The most recent example is 21, Merrington Close, Sunderland, SR3 2QE, a Leasehold flat which sold for £40,000 in Nov 2023.
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, 9, Merrington Close, Sunderland is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SR3.
9, Merrington Close, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2009.
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 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.