According to the public record, Apartment 18, Biscop House, Sunderland is a modern leasehold apartment and with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Biscop House, Villiers Street, Sunderland, SR1.
Villiers Street, Sunderland, SR1 is located in the borough of Sunderland within the SR1 postal district.
Apartment 18, Biscop House, Sunderland has a single entry in the Land Registry database from June 2015 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 Apartment 18 Biscop House Sunderland as £50,843 and the rental value as £375 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of Apartment 18 Biscop House Sunderland has increased by £1,222 (2.4%) and its rental value has increased by £38 per month (10.0%).
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 Apartment 18, Biscop House, Sunderland is in very good condition we estimate a sale value of £53,385 and rental value of £394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £47,284 and a rental value of £349 per month.
If you were able to purchase this property for the estimated value of £50,843, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £250 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, Apartment 18, Biscop House, Sunderland was last sold on 05 Jun 2015 for £52,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 18, Biscop House, Sunderland within a radius of 0m over the last 2 years.
The most recent example is Apartment 6, Biscop House, Villiers Street, Sunderland, SR1 1ER, a Leasehold flat which sold for £52,500 in Jun 2015.
Read more about house prices in SR1.
Villiers Street, Sunderland, SR1 has a total of 36 addresses. According to our analysis of all the public data, Apartment 18, Biscop House, Sunderland is the 31st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in SR1.
Apartment 18, Biscop House, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 18, Biscop House, Sunderland is Sunderland station which is 400 m 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 Apartment 18, Biscop House, Sunderland, 56.6% of property is privately rented and 34.5% 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 Apartment 18, Biscop House, Sunderland, 23.2% of residents are recorded as possessing school level qualifications and 34.4% 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 Apartment 18, Biscop House, Sunderland, the average age was 36.7 and the most common age was 22.
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 Apartment 18, Biscop House, Sunderland, 0.3% 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 Apartment 18, Biscop House, Sunderland, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.