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According to the public record, 2, Cedars Park, Sunderland is a period freehold house with 2,572 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cedars Park, Sunderland is £333,156 and the estimated rental value is £1,570 per month.
Cedars Park, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
2, Cedars Park, Sunderland has 31 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated September 2015.
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 2, Cedars Park, Sunderland is in very good condition we estimate a sale value of £349,814 and a rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,835 and a rental value of £1,460 per month.
Over the last 12 months the sale value of 2 Cedars Park Sunderland has decreased by an estimated £1,806 (0.5%) and its rental value has increased by an estimated £39 per month (2.5%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Cedars Park, Sunderland sits on a plot of 219m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2, Cedars Park, Sunderland sits on the 9th largest plot.
2, Cedars Park, Sunderland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Sep 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cedars Park, Sunderland was last sold on 12th April 2019 for £285,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2019, the market for similar properties has dropped 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cedars Park, Sunderland within a radius of 540 metres over the last 2 years.
The most recent example is 9, Cedars Park, Sunderland, SR2 7TQ, a freehold house which sold for £350,000 on the 20th November 2023.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedars Park, Sunderland, SR2 has a total of 10 addresses. According to our analysis of all the public data, 2, Cedars Park, Sunderland is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in SR2.
The closest station to 2, Cedars Park, Sunderland is Sunderland station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Cedars Park, Sunderland, 50.8% of property is privately owned outright and 38.5% 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 2, Cedars Park, Sunderland, 17.9% of residents are recorded as possessing school level qualifications and 34.0% 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 2, Cedars Park, Sunderland, the average age was 46.9 and the most common age was 62.
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 2, Cedars Park, Sunderland, 1.0% 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 2, Cedars Park, Sunderland, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
