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According to the public record, 2, Cheviot Lane, Sunderland is a mid-century house with 473 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cheviot Lane, Sunderland is £55,020 and the estimated rental value is £392 per month.
Cheviot Lane, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
2, Cheviot Lane, Sunderland has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data 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.
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, Cheviot Lane, Sunderland is in very good condition we estimate a sale value of £57,771 and a rental value of £411 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,168 and a rental value of £364 per month.
Over the last 12 months the sale value of 2 Cheviot Lane Sunderland has increased by an estimated £445 (0.8%) and its rental value has increased by an estimated £14 per month (3.6%), giving an expected gross yield of 8.5%.
2, Cheviot Lane, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 610 metres radius of 2, Cheviot Lane, Sunderland over the last 2 years.
The most recent example is 12, Bevan Avenue, Sunderland, SR2 0JN, a freehold house which sold for £125,000 on the 11th July 2022.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheviot Lane, Sunderland, SR2 has a total of 8 addresses. According to our analysis of all the public data, 2, Cheviot Lane, Sunderland is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in SR2.
The closest station to 2, Cheviot Lane, Sunderland is Sunderland station which is 3.8 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, Cheviot Lane, Sunderland, 58.2% of property is socially rented and 25.5% 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, Cheviot Lane, Sunderland, 24.1% of residents are recorded as possessing school level qualifications and 22.5% 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, Cheviot Lane, Sunderland, the average age was 39.7 and the most common age was 32.
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, Cheviot Lane, 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, Cheviot Lane, Sunderland, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.