According to the public record, Flat 4, 220-221, High Street West, Sunderland is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 220, High Street West, Sunderland, SR1.
High Street West, Sunderland, SR1 is located in the borough of Sunderland within the SR1 postal district.
Flat 4, 220-221, High Street West, Sunderland has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated April 2023.
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 Flat 4 220-221 High Street West Sunderland as £79,368 and the rental value as £547 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 4 220-221 High Street West Sunderland has increased by £1,907 (2.4%) and its rental value has increased by £55 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 Flat 4, 220-221, High Street West, Sunderland is in very good condition we estimate a sale value of £83,336 and rental value of £575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,812 and a rental value of £509 per month.
If you were able to purchase this property for the estimated value of £79,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £390 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, Flat 4, 220-221, High Street West, Sunderland was last sold on 01 May 2007 for £112,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has dropped 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 220-221, High Street West, Sunderland within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 220-221, High Street West, Sunderland, SR1 1TZ, a Leasehold flat which sold for £112,000 in Jun 2007.
Read more about house prices in SR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street West, Sunderland, SR1 has a total of 85 addresses. According to our analysis of all the public data, Flat 4, 220-221, High Street West, Sunderland is the 79th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SR1.
Flat 4, 220-221, High Street West, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 4, 220-221, High Street West, Sunderland is Sunderland station which is 200 metres 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 Flat 4, 220-221, High Street West, Sunderland, 78.6% of property is privately rented and 13.8% 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 Flat 4, 220-221, High Street West, Sunderland, 59.1% of residents are recorded as possessing school level qualifications and 49.2% 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 Flat 4, 220-221, High Street West, 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 Flat 4, 220-221, High Street West, Sunderland, 0.4% 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 Flat 4, 220-221, High Street West, Sunderland, there are an average of 0.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.