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According to the public record, 15, Elder Rise, Sunderland is a modern freehold house with 1,194 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Elder Rise, Sunderland is £309,028 and the estimated rental value is £1,147 per month.
Elder Rise, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
15, Elder Rise, Sunderland has 2 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated July 2022.
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.
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 15, Elder Rise, Sunderland is in very good condition we estimate a sale value of £324,479 and a rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,396 and a rental value of £1,067 per month.
Over the last 12 months the sale value of 15 Elder Rise Sunderland has increased by an estimated £514 (0.2%) and its rental value has increased by an estimated £39 per month (3.4%), giving an expected gross yield of 4.5%.
15, Elder Rise, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 15, Elder Rise, Sunderland was last sold on 26th April 2024 for £293,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2024, the market for similar properties has dropped 44.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Elder Rise, Sunderland within a radius of 920 metres over the last 2 years.
The most recent example is 5, Elder Rise, Sunderland, SR3 2FS, a freehold house which sold for £299,995 on the 31st October 2022.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Rise, Sunderland, SR3 has a total of 14 addresses. According to our analysis of all the public data, 15, Elder Rise, Sunderland is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in SR3.
The closest station to 15, Elder Rise, Sunderland is Sunderland station which is 5.7 kilometres 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 15, Elder Rise, Sunderland, 52.6% of property is privately owned outright and 37.9% is privately owned with a mortgage.
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 15, Elder Rise, Sunderland, 11.0% of residents are recorded as possessing school level qualifications and 21.9% 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 15, Elder Rise, 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 15, Elder Rise, Sunderland, 0.8% 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 15, Elder Rise, Sunderland, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
