Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Lancaster Close, Sunderland is a modern freehold house with 968 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lancaster Close, Sunderland is £217,962 and the estimated rental value is £1,163 per month.
Lancaster Close, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
2, Lancaster Close, Sunderland has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated April 2024.
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, Lancaster Close, Sunderland is in very good condition we estimate a sale value of £228,860 and a rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,705 and a rental value of £1,082 per month.
Over the last 12 months the sale value of 2 Lancaster Close Sunderland has increased by an estimated £1,394 (0.6%) and its rental value has increased by an estimated £44 per month (3.8%), giving an expected gross yield of 6.4%.
2, Lancaster Close, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lancaster Close, Sunderland was last sold on 30th April 2024 for £243,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lancaster Close, Sunderland within a radius of 950 metres over the last 2 years.
The most recent example is 6, Southwell Close, Sunderland, SR2 0TN, a freehold house which sold for £223,950 on the 19th December 2024.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Close, Sunderland, SR2 has a total of 7 addresses. According to our analysis of all the public data, 2, Lancaster Close, Sunderland is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in SR2.
The closest station to 2, Lancaster Close, Sunderland is Seaham station which is 3.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lancaster Close, Sunderland, 62.9% of property is privately owned with a mortgage and 25.9% is privately owned outright.
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, Lancaster Close, Sunderland, 23.0% of residents are recorded as possessing school level qualifications and 39.5% 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, Lancaster Close, 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, Lancaster Close, Sunderland, 1.6% 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, Lancaster Close, Sunderland, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
