3, Tesla Street
3, Tesla Street
Description & Estimates
Public records show 3, Tesla Street, Houghton Le Spring to be a period freehold house with 938 ft2 of internal area, sitting on a 112 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Tesla Street, Houghton Le Spring has an estimated sale value of £59,016 and an estimated rental value of £405 per month, assuming reasonable condition and based on the information available.
Tesla Street, Houghton Le Spring, DH4 lies in the borough of Sunderland, within the DH4 postal district.
Our Data Sources
3, Tesla Street, Houghton Le Spring has a single entry in the Land Registry from August 2010 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Tesla Street, Houghton Le Spring would be worth £61,967, with a potential rental value of £425 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £54,885, with a rental value of £377 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Tesla Street, Houghton Le Spring has climbed by £157 (0.3%) over the last year. During the same period, its estimated monthly rental value has risen by £12 (3.0%). The property's estimated gross yield is currently 8.2%.
Plot Size
3, Tesla Street, Houghton Le Spring occupies a 112 m2 plot as recorded by HM Land Registry.
All 5 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Tesla Street, Houghton Le Spring has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
3, Tesla Street, Houghton Le Spring last changed hands on 27th August 2010, selling for £55,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 11.9% since August 2010.
- Sold Aug 2010£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 3, Tesla Street, Houghton Le Spring across the last 2 years.
Most recently, 5, Tesla Street, Houghton Le Spring, DH4 4TE, a freehold house, sold at £72,500 on the 24th November 2023.
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
Our analysis of the public data ranks 3, Tesla Street, Houghton Le Spring as the 4th largest and the 4th most expensive of the 5 addresses on Tesla Street, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £102k less expensive than the typical property.
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Schools Nearby
- 900mNewbottle Primary Academy
- 1.0kmShiney Row Primary School
- 1.5kmBarnwell Academy
- 2.4kmKepier
- 3.6kmFarringdon Community Academy
- 4.0kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 3, Tesla Street, Houghton Le Spring at 6.3 kilometres away.
- 6.3kmChester-le-Street
- 7.9kmSunderland
- 9.3kmSeaham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
