2, Burnhope Way
2, Burnhope Way
Description & Estimates
2, Burnhope Way, Houghton Le Spring is recorded publicly as a modern freehold house across 2,002 ft2 of internal area, sitting on a 498 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Burnhope Way, Houghton Le Spring is £481,818 and its rental estimate is £2,205 per month, given the available information and assuming reasonable condition.
Burnhope Way, Houghton Le Spring, DH4 falls within the DH4 postal district, in the borough of Sunderland.
Our Data Sources
2, Burnhope Way, Houghton Le Spring has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated December 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Burnhope Way, Houghton Le Spring, we estimate a market value of £505,909 and a rental value of £2,315 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £448,091 and £2,051 per month respectively.
Recent Market Change
Over the last year, 2, Burnhope Way, Houghton Le Spring has seen its estimated sale value drop by £3,610 (0.7%) and its estimated rental value rise by £38 per month (1.7%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 2, Burnhope Way, Houghton Le Spring as measuring 498 m2.
That makes it the 4th largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
2, Burnhope Way, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2016.
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 2, Burnhope Way, Houghton Le Spring completed on 22nd December 2016 at £429,250 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 risen by 5.6% over the period since December 2016.
- Sold Dec 2016£429,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Burnhope Way, Houghton Le Spring have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2023, was 5, Axwell Park, Houghton Le Spring, DH4 6GJ, a freehold house which sold for £470,000.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Burnhope Way, Houghton Le Spring, DH4, 2, Burnhope Way, Houghton Le Spring comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £321k more expensive than the average property across the DH4 district.
More reading links
Schools Nearby
- 700mBournmoor Primary School
- 1.2kmWoodlea Primary School
- 1.4kmShiney Row Primary School
- 2.6kmKepier
- 3.7kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 4.0kmBiddick Academy
More reading links
Public Transport Nearby
From 2, Burnhope Way, Houghton Le Spring, the nearest station is Chester-le-Street, 4.7 kilometres away.
- 4.7kmChester-le-Street
- 9.5kmSunderland
- 9.9kmDurham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
