3, Mill Terrace
3, Mill Terrace
Description & Estimates
3, Mill Terrace, Houghton Le Spring is recorded publicly as a mid-century freehold house across 602 ft2 of internal area, sitting on a 222 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Mill Terrace, Houghton Le Spring is £125,632 and its rental estimate is £741 per month, given the available information and assuming reasonable condition.
Mill Terrace, Houghton Le Spring, DH5 falls within the DH5 postal district, in the borough of Sunderland.
Our Data Sources
3, Mill Terrace, Houghton Le Spring has 41 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated January 2016.
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 3, Mill Terrace, Houghton Le Spring, we estimate a market value of £131,914 and a rental value of £779 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,838 and £690 per month respectively.
Recent Market Change
Over the last year, 3, Mill Terrace, Houghton Le Spring has seen its estimated sale value rise by £319 (0.3%) and its estimated rental value move up by £24 per month (3.2%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 3, Mill Terrace, Houghton Le Spring as measuring 222 m2.
That makes it the 17th largest plot in the postcode, where 25 of the 31 other houses have recorded plot data.
Energy Efficiency
3, Mill Terrace, Houghton Le Spring has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2016.
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 3, Mill Terrace, Houghton Le Spring completed on 11th May 2007 at £111,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 9.1% over the period since May 2007.
- Sold May 2007£111,000
- Sold Sep 2001£47,000
- Sold Jan 2001£43,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Mill Terrace, Houghton Le Spring have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th February 2022, was 1, Mill Terrace, Houghton Le Spring, DH5 9NR, a freehold house which sold for £95,500.
Read more about house prices in DH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 31 addresses on Mill Terrace, Houghton Le Spring, DH5, 3, Mill Terrace, Houghton Le Spring comes out as the 29th largest and the 28th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the DH5 district.
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Schools Nearby
- 600mSt Michael's Catholic Primary School, Houghton
- 1.0kmEast Rainton Primary School
- 1.1kmBernard Gilpin Primary School
- 1.0kmKepier
- 1.6kmHetton Academy
- 5.5kmFarringdon Community Academy
More reading links
Public Transport Nearby
From 3, Mill Terrace, Houghton Le Spring, the nearest station is Chester-le-Street, 7.2 kilometres away.
- 7.2kmChester-le-Street
- 8.5kmSeaham
- 9.0kmDurham
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 medium, based on Environment Agency data.
