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According to the public record, 3, Comet Square, Sunderland is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 643 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Comet Square, Sunderland is £57,369 and the estimated rental value is £464 per month.
Comet Square, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
3, Comet Square, Sunderland has 31 entries in the Land Registry , most recently in October 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Comet Square, Sunderland is in very good condition we estimate a sale value of £60,238 and a rental value of £487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,354 and a rental value of £431 per month.
Over the last 12 months the sale value of 3 Comet Square Sunderland has decreased by an estimated £457 (0.8%) and its rental value has increased by an estimated £9 per month (2.0%), giving an expected gross yield of 9.7%.
According to HM Land Registry, 3, Comet Square, Sunderland was last sold on 14th October 2011 for £63,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2011, the market for similar properties has dropped 25.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Comet Square, Sunderland within a radius of 510 metres over the last 2 years.
The most recent example is 41, Blind Lane, Sunderland, SR3 1AS, a leasehold flat which sold for £55,000 on the 15th March 2019.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Comet Square, Sunderland, SR3 has a total of 28 addresses. According to our analysis of all the public data, 3, Comet Square, Sunderland is the 7th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SR3.
The closest station to 3, Comet Square, Sunderland is Sunderland station which is 3.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 3, Comet Square, Sunderland, 34.7% of property is privately owned outright and 34.7% is socially rented.
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 3, Comet Square, Sunderland, 16.6% of residents are recorded as possessing school level qualifications and 16.2% 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 3, Comet Square, Sunderland, the average age was 42 and the most common age was 32.
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 3, Comet Square, 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 3, Comet Square, Sunderland, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.