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According to the public record, 2, Florian Mews, Sunderland is a modern leasehold apartment with 781 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Florian Mews, Sunderland is £88,974 and the estimated rental value is £561 per month.
Florian Mews, Sunderland, SR4 is located in the borough of Sunderland within the SR4 postal district.
2, Florian Mews, Sunderland has 21 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Florian Mews, Sunderland is in very good condition we estimate a sale value of £93,423 and a rental value of £589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,746 and a rental value of £521 per month.
Over the last 12 months the sale value of 2 Florian Mews Sunderland has decreased by an estimated £1,571 (1.8%) and its rental value has increased by an estimated £9 per month (1.6%), giving an expected gross yield of 7.6%.
2, Florian Mews, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Florian Mews, Sunderland was last sold on 27th October 2017 for £88,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2017, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Florian Mews, Sunderland within a radius of 520 metres over the last 2 years.
The most recent example is 12, Florian Mews, Sunderland, SR4 8PL, a leasehold flat which sold for £85,000 on the 27th May 2022.
Read more about house prices in SR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florian Mews, Sunderland, SR4 has a total of 31 addresses. According to our analysis of all the public data, 2, Florian Mews, Sunderland is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SR4.
The closest station to 2, Florian Mews, Sunderland is Sunderland station which is 3.2 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, Florian Mews, Sunderland, 40.0% of property is privately owned outright and 29.2% is socially rented.
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, Florian Mews, Sunderland, 8.6% of residents are recorded as possessing school level qualifications and 24.7% 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, Florian Mews, Sunderland, the average age was 42.3 and the most common age was 57.
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, Florian Mews, 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 2, Florian Mews, 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.