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According to the public record, 2, Ludlow Road, Sunderland is a early-century leasehold house with 1,119 ft2 of internal area and sits on a 228 m2 plot.
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, Ludlow Road, Sunderland is £240,052 and the estimated rental value is £1,101 per month.
Ludlow Road, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
2, Ludlow Road, Sunderland has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated August 2017.
We combine this information with that 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, Ludlow Road, Sunderland is in very good condition we estimate a sale value of £252,054 and a rental value of £1,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,248 and a rental value of £1,024 per month.
Over the last 12 months the sale value of 2 Ludlow Road Sunderland has increased by an estimated £1,536 (0.6%) and its rental value has increased by an estimated £41 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Ludlow Road, Sunderland sits on a plot of 228m2.
We have plot size data on 29 out of 34 other houses in the postcode and 2, Ludlow Road, Sunderland sits on the 26th largest plot.
2, Ludlow Road, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2017.
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, Ludlow Road, Sunderland was last sold on 27th November 2020 for £177,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ludlow Road, Sunderland within a radius of 630 metres over the last 2 years.
The most recent example is 9, Leighton Road, Sunderland, SR2 9HQ, a freehold house which sold for £274,000 on the 17th May 2024.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ludlow Road, Sunderland, SR2 has a total of 34 addresses. According to our analysis of all the public data, 2, Ludlow Road, Sunderland is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in SR2.
The closest station to 2, Ludlow Road, Sunderland is Sunderland station which is 1.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Ludlow Road, Sunderland, 46.8% of property is privately owned outright and 44.6% 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, Ludlow Road, Sunderland, 14.4% of residents are recorded as possessing school level qualifications and 34.4% 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, Ludlow Road, 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, Ludlow Road, 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, Ludlow Road, 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.