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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Gatwick Road, Sunderland is £46,684 and its rental estimate is £369 per month, given the available information and assuming reasonable condition.
Gatwick Road, Sunderland, SR4 falls within the SR4 postal district, in the borough of Sunderland.
16, Gatwick Road, Sunderland has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Gatwick Road, Sunderland, we estimate a market value of £49,018 and a rental value of £388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £43,416 and £343 per month respectively.
Over the last year, 16, Gatwick Road, Sunderland has seen its estimated sale value drop by £791 (1.7%) and its estimated rental value rise by £5 per month (1.3%). This results in an estimated gross rental yield of 9.5%.
16, Gatwick Road, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 490 metres of 16, Gatwick Road, Sunderland, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2022, was 4, Geneva Road, Sunderland, SR4 9PP, a freehold house which sold for £100,000.
Read more about house prices in SR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 41 addresses on Gatwick Road, Sunderland, SR4, 16, Gatwick Road, Sunderland comes out as the 25th largest and the 27th most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the SR4 district.
From 16, Gatwick Road, Sunderland, the nearest station is Sunderland, 4.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Gatwick Road, Sunderland, 65.6% of property is socially rented and 13.1% is privately owned outright.
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 16, Gatwick Road, Sunderland, 14.0% of residents are recorded as possessing school level qualifications and 14.2% 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 16, Gatwick Road, Sunderland, the average age was 41.4 and the most common age was 52.
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 16, Gatwick Road, Sunderland, 0.0% 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 16, Gatwick Road, Sunderland, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.