According to the public record, Ivy Cottage, Houghton Le Spring is a mid-century freehold house and with 1,969 ft2 of internal area and sits on a 885 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bog Row, Hetton-Le-Hole, Houghton Le Spring, DH5 is located in the borough of Sunderland within the DH5 postal district.
Ivy Cottage, Houghton Le Spring has a single entry in the Land Registry database from October 2021 and 2 entries in the EPC database, most recently in November 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 Ivy Cottage Houghton Le Spring as £136,283 and the rental value as £858 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Ivy Cottage Houghton Le Spring has increased by £343 (0.3%) and its rental value has increased by £67 per month (7.8%).
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 Ivy Cottage, Houghton Le Spring is in very good condition we estimate a sale value of £143,098 and rental value of £900 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,744 and a rental value of £798 per month.
If you were able to purchase this property for the estimated value of £136,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £670 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, Ivy Cottage, Houghton Le Spring sits on a plot of 885m2.
We have plot size data on 5 out of 8 other houses in the postcode and Ivy Cottage, Houghton Le Spring sits on the largest plot.
According to HM Land Registry, Ivy Cottage, Houghton Le Spring was last sold on 14 Oct 2021 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ivy Cottage, Houghton Le Spring within a radius of 491m over the last 2 years.
The most recent example is 74, Station Road, Houghton Le Spring, DH5 9JB, a Freehold house which sold for £130,000 in Oct 2022.
Read more about house prices in DH5.
Bog Row, Hetton-Le-Hole, Houghton Le Spring, DH5 has a total of 10 addresses. According to our analysis of all the public data, Ivy Cottage, Houghton Le Spring is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in DH5.
Ivy Cottage, Houghton Le Spring has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2022.
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 Ivy Cottage, Houghton Le Spring is Seaham station which is 7.6 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 Ivy Cottage, Houghton Le Spring, 57.8% of property is privately owned outright and 32.8% 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 Ivy Cottage, Houghton Le Spring, 13.9% of residents are recorded as possessing school level qualifications and 26.4% 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 Ivy Cottage, Houghton Le Spring, the average age was 45.6 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 Ivy Cottage, Houghton Le Spring, 1.5% 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 Ivy Cottage, Houghton Le Spring, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.