1, Ocean Park Road
1, Ocean Park Road
Description & Estimates
According to the public record, 1, Ocean Park Road, Sunderland is a modern freehold house with 861 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Ocean Park Road, Sunderland is £301,060 and the estimated rental value is £1,285 per month.
Ocean Park Road, Sunderland, SR6 is located in the borough of Sunderland within the SR6 postal district.
Our Data Sources
1, Ocean Park Road, Sunderland has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Ocean Park Road, Sunderland is in very good condition we estimate a sale value of £316,113 and a rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,986 and a rental value of £1,195 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Ocean Park Road, Sunderland has grown by £1,402 (0.5%), while its estimated rental value has climbed by £42 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
1, Ocean Park Road, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 1, Ocean Park Road, Sunderland was last sold on 27th August 2021 for £249,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has dropped by 45.2%.
- Sold Aug 2021£249,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Ocean Park Road, Sunderland within a radius of 800 metres over the last 2 years.
The most recent example is 2, Ocean Park Road, Sunderland, SR6 8BP, a freehold house which sold for £249,995 on the 27th August 2021.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ocean Park Road, Sunderland, SR6 has a total of 82 addresses. According to our analysis of all the public data, 1, Ocean Park Road, Sunderland is the 62nd largest and the 66th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in SR6.
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Schools Nearby
- 600mFulwell Junior School
- 600mFulwell Infant School Academy
- 800mSeaburn Dene Primary School
- 900mMonkwearmouth Academy
- 1.9kmWhitburn Church of England Academy
- 3.2kmRed House Academy
More reading links
Public Transport Nearby
The closest station to 1, Ocean Park Road, Sunderland is Sunderland station, which is 3.5 kilometres away.
- 3.5kmSunderland
- 11.3kmSeaham
- 11.8kmHeworth
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
