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According to the public record, 12, Lofthill, Sunderland is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Lofthill, Sunderland is £68,939 and the estimated rental value is £507 per month.
Lofthill, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
12, Lofthill, Sunderland has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Lofthill, Sunderland is in very good condition we estimate a sale value of £72,386 and a rental value of £532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,113 and a rental value of £471 per month.
Over the last 12 months the sale value of 12 Lofthill Sunderland has decreased by an estimated £517 (0.7%) and its rental value has increased by an estimated £11 per month (2.2%), giving an expected gross yield of 8.8%.
12, Lofthill, Sunderland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 12, Lofthill, Sunderland was last sold on 31st May 2018 for £67,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Lofthill, Sunderland within a radius of 640 metres over the last 2 years.
The most recent example is 35, Padonhill, Sunderland, SR3 2RX, a leasehold flat which sold for £62,000 on the 11th October 2023.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lofthill, Sunderland, SR3 has a total of 36 addresses. According to our analysis of all the public data, 12, Lofthill, Sunderland is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in SR3.
The closest station to 12, Lofthill, Sunderland is Sunderland station which is 5.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 12, Lofthill, Sunderland, 74.5% of property is socially rented and 14.7% is privately rented.
The graph below shows how this compares to North East 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 12, Lofthill, Sunderland, 12.6% of residents are recorded as possessing school level qualifications and 14.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Lofthill, Sunderland, the average age was 44 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 12, Lofthill, Sunderland, 0.7% 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 12, Lofthill, Sunderland, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
