32, Dragonfly Way
32, Dragonfly Way
Description & Estimates
According to the public record, 32, Dragonfly Way, Houghton Le Spring is a modern freehold house with 1,130 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Dragonfly Way, Houghton Le Spring is £280,759 and the estimated rental value is £1,287 per month.
Dragonfly Way, Houghton Le Spring, DH4 is located in the borough of Sunderland within the DH4 postal district.
Our Data Sources
32, Dragonfly Way, Houghton Le Spring has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 32, Dragonfly Way, Houghton Le Spring is in very good condition we estimate a sale value of £294,797 and a rental value of £1,351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,106 and a rental value of £1,197 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 32, Dragonfly Way, Houghton Le Spring has declined by £472 (0.2%), while its estimated rental value has climbed by £29 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
32, Dragonfly Way, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 32, Dragonfly Way, Houghton Le Spring was last sold on 20th September 2024 for £284,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped by 11.8%.
- Sold Sep 2024£284,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Dragonfly Way, Houghton Le Spring within a radius of 640 metres over the last 2 years.
The most recent example is 36, Dragonfly Way, Houghton Le Spring, DH4 7BN, a freehold house which sold for £275,000 on the 5th December 2024.
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
Dragonfly Way, Houghton Le Spring, DH4 has a total of 54 addresses. According to our analysis of all the public data, 32, Dragonfly Way, Houghton Le Spring is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in DH4.
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Schools Nearby
- 500mBarnwell Academy
- 700mNew Penshaw Academy
- 700mOur Lady Queen of Peace Catholic Primary School, Penshaw
- 2.8kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 3.0kmBiddick Academy
- 3.7kmKepier
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Public Transport Nearby
The closest station to 32, Dragonfly Way, Houghton Le Spring is Chester-le-Street station, which is 6.2 kilometres away.
- 6.2kmChester-le-Street
- 7.6kmSunderland
- 9.9kmHeworth
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
