2, Meadow Terrace
2, Meadow Terrace
Description & Estimates
2, Meadow Terrace, Houghton Le Spring is described in the public record as a period apartment with 1,011 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Meadow Terrace, Houghton Le Spring is £74,064 and its rental estimate is £542 per month, given the available information and assuming reasonable condition.
Meadow Terrace, Houghton Le Spring, DH4 falls within the DH4 postal district, in the borough of Sunderland.
Our Data Sources
2, Meadow Terrace, Houghton Le Spring has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2014.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Meadow Terrace, Houghton Le Spring, we estimate a market value of £77,768 and a rental value of £570 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,880 and £504 per month respectively.
Recent Market Change
Over the last year, 2, Meadow Terrace, Houghton Le Spring has seen its estimated sale value drop by £192 (0.3%) and its estimated rental value rise by £13 per month (2.5%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
2, Meadow Terrace, Houghton Le Spring has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Meadow Terrace, Houghton Le Spring completed on 16th December 2005 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Dec 2005£65,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 700 metres of 2, Meadow Terrace, Houghton Le Spring, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2022, was 27, South Burn Terrace, Houghton Le Spring, DH4 7AW, a leasehold flat which sold for £90,000.
Read more about house prices in DH4.
- Sold Aug 2022£90,000 | 2 Bed FlatSouth Burn Terrace27, South Burn Terrace, Houghton Le Spring, DH4 7AW
- Sold Jun 2019£56,000 | 2 Bed FlatMeadow Terrace1, Meadow Terrace, Houghton Le Spring, DH4 7AF
- Sold Jun 2010£40,000 | 4 Bed HouseSouth Burn Terrace30, South Burn Terrace, Houghton Le Spring, DH4 7AW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Meadow Terrace, Houghton Le Spring, DH4, 2, Meadow Terrace, Houghton Le Spring comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the DH4 district.
More reading links
Schools Nearby
- 500mShiney Row Primary School
- 900mBarnwell Academy
- 1.0kmOur Lady Queen of Peace Catholic Primary School, Penshaw
- 3.1kmKepier
- 3.3kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 3.5kmBiddick Academy
More reading links
Public Transport Nearby
From 2, Meadow Terrace, Houghton Le Spring, the nearest station is Chester-le-Street, 6.2 kilometres away.
- 6.2kmChester-le-Street
- 7.8kmSunderland
- 9.7kmSeaham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
