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Company No. 11113204
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According to the public record, 2, Meadowsweet Lane, Sunderland is a modern freehold house with 1,270 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Meadowsweet Lane, Sunderland is £296,351 and the estimated rental value is £1,063 per month.
Meadowsweet Lane, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
2, Meadowsweet Lane, Sunderland has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated June 2022.
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, Meadowsweet Lane, Sunderland is in very good condition we estimate a sale value of £311,168 and a rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,606 and a rental value of £989 per month.
Over the last 12 months the sale value of 2 Meadowsweet Lane Sunderland has increased by an estimated £493 (0.2%) and its rental value has increased by an estimated £36 per month (3.4%), giving an expected gross yield of 4.3%.
2, Meadowsweet Lane, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2022.
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, Meadowsweet Lane, Sunderland was last sold on 30th June 2022 for £289,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 41.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Meadowsweet Lane, Sunderland within a radius of 830 metres over the last 2 years.
The most recent example is 33, St. Govan Lane, Sunderland, SR3 2GG, a freehold house which sold for £279,995 on the 28th March 2024.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowsweet Lane, Sunderland, SR3 has a total of 28 addresses. According to our analysis of all the public data, 2, Meadowsweet Lane, Sunderland is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in SR3.
The closest station to 2, Meadowsweet Lane, Sunderland is Sunderland station which is 5.6 kilometres away.
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, Meadowsweet Lane, Sunderland, 52.6% of property is privately owned outright and 37.9% 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, Meadowsweet Lane, Sunderland, 11.0% of residents are recorded as possessing school level qualifications and 21.9% 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, Meadowsweet Lane, Sunderland, the average age was 44 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, Meadowsweet Lane, Sunderland, 0.8% 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, Meadowsweet Lane, Sunderland, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
