18, Monarch Road
18, Monarch Road
Description & Estimates
18, Monarch Road, Houghton Le Spring is recorded publicly as a modern freehold house across 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 18, Monarch Road, Houghton Le Spring is £190,938 and its rental estimate is £1,140 per month, given the available information and assuming reasonable condition.
Monarch Road, Houghton Le Spring, DH4 falls within the DH4 postal district, in the borough of Sunderland.
Our Data Sources
18, Monarch Road, Houghton Le Spring has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 18, Monarch Road, Houghton Le Spring, we estimate a market value of £200,485 and a rental value of £1,197 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,572 and £1,061 per month respectively.
Recent Market Change
Over the last year, 18, Monarch Road, Houghton Le Spring has seen its estimated sale value increase by £507 (0.3%) and its estimated rental value grow by £34 per month (3.0%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
18, Monarch Road, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Monarch Road, Houghton Le Spring completed on 17th December 2021 at £164,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 30.3% over the period since December 2021.
- Sold Dec 2021£164,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Monarch Road, Houghton Le Spring have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th August 2023, was 23, Monarch Road, Houghton Le Spring, DH4 6FG, a freehold house which sold for £179,950.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 71 addresses on Monarch Road, Houghton Le Spring, DH4, 18, Monarch Road, Houghton Le Spring comes out as the 64th largest and the 65th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the DH4 district.
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Schools Nearby
- 700mNewbottle Primary Academy
- 1.2kmBurnside Academy Inspires
- 1.3kmShiney Row Primary School
- 2.0kmKepier
- 4.1kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 4.4kmBiddick Academy
More reading links
Public Transport Nearby
From 18, Monarch Road, Houghton Le Spring, the nearest station is Chester-le-Street, 5.7 kilometres away.
- 5.7kmChester-le-Street
- 8.8kmSunderland
- 9.7kmSeaham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
