2, Wheler Street
2, Wheler Street
Description & Estimates
2, Wheler Street, Houghton Le Spring is recorded publicly as a period freehold house across 1,732 ft2 of internal area, sitting on a 145 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Wheler Street, Houghton Le Spring is £130,174 and its rental estimate is £853 per month, given the available information and assuming reasonable condition.
Wheler Street, Houghton Le Spring, DH4 falls within the DH4 postal district, in the borough of Sunderland.
Our Data Sources
2, Wheler Street, Houghton Le Spring has 61 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated December 2021.
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.
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, Wheler Street, Houghton Le Spring, we estimate a market value of £136,682 and a rental value of £896 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,061 and £794 per month respectively.
Recent Market Change
Over the last year, 2, Wheler Street, Houghton Le Spring has seen its estimated sale value fall by £975 (0.7%) and its estimated rental value move up by £15 per month (1.7%). This results in an estimated gross rental yield of 7.9%.
Plot Size
HM Land Registry records the plot of land for 2, Wheler Street, Houghton Le Spring as measuring 145 m2.
That makes it the 3rd largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
2, Wheler Street, Houghton Le Spring has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2021.
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, Wheler Street, Houghton Le Spring completed on 14th April 2024 at £141,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 31.3% over the period since April 2024.
- Sold Apr 2024£141,000
- Sold Mar 2022£140,000
- Sold Mar 2011£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wheler Street, Houghton Le Spring have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 3, Ironside Street, Houghton Le Spring, DH5 8AY, a freehold house which sold for £115,000.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Wheler Street, Houghton Le Spring, DH4, 2, Wheler Street, Houghton Le Spring comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the DH4 district.
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Schools Nearby
- 500mBernard Gilpin Primary School
- 600mBurnside Academy Inspires
- 900mSt Michael's Catholic Primary School, Houghton
- 500mKepier
- 3.0kmHetton Academy
- 4.3kmFarringdon Community Academy
More reading links
Public Transport Nearby
From 2, Wheler Street, Houghton Le Spring, the nearest station is Chester-le-Street, 6.9 kilometres away.
- 6.9kmChester-le-Street
- 8.5kmSeaham
- 8.9kmSunderland
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.
