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Company No. 11113204
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24, Mill Hill, Houghton Le Spring is recorded publicly as a mid-century freehold house across 1,668 ft2 of internal area, sitting on a 445 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Mill Hill, Houghton Le Spring is £270,505 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Mill Hill, Houghton Le Spring, DH5 falls within the DH5 postal district, in the borough of Sunderland.
24, Mill Hill, Houghton Le Spring has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that 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.
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 24, Mill Hill, Houghton Le Spring, we estimate a market value of £284,031 and a rental value of £1,144 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,570 and £1,013 per month respectively.
Over the last year, 24, Mill Hill, Houghton Le Spring has seen its estimated sale value decline by £1,257 (0.5%) and its estimated rental value climb by £28 per month (2.6%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 24, Mill Hill, Houghton Le Spring as measuring 445 m2.
That makes it the 2nd largest plot in the postcode, where all 14 other houses have recorded plot data.
24, Mill Hill, Houghton Le Spring has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 24, Mill Hill, Houghton Le Spring completed on 12th July 2019 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.6% over the period since July 2019.
Over the past 2 years 3 properties similar to 24, Mill Hill, Houghton Le Spring have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2024, was 10, Bridle Way, Houghton Le Spring, DH5 8NQ, a freehold house which sold for £318,000.
Read more about house prices in DH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Mill Hill, Houghton Le Spring, DH5, 24, Mill Hill, Houghton Le Spring comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £139k more expensive than the average property across the DH5 district.
From 24, Mill Hill, Houghton Le Spring, the nearest station is Chester-le-Street, 7.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Mill Hill, Houghton Le Spring, 69.8% of property is privately owned outright and 19.8% 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 24, Mill Hill, Houghton Le Spring, 11.8% of residents are recorded as possessing school level qualifications and 35.1% 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 24, Mill Hill, Houghton Le Spring, the average age was 43.6 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 24, Mill Hill, Houghton Le Spring, 0.7% 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 24, Mill Hill, Houghton Le Spring, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
