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Public records show 32, Monarch Road, Houghton Le Spring to be a modern freehold house with 1,388 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
32, Monarch Road, Houghton Le Spring has an estimated sale value of £272,170 and an estimated rental value of £1,381 per month, assuming reasonable condition and based on the information available.
Monarch Road, Houghton Le Spring, DH4 lies in the borough of Sunderland, within the DH4 postal district.
32, Monarch Road, Houghton Le Spring has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated May 2022.
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.
In very good condition, we estimate 32, Monarch Road, Houghton Le Spring would be worth £285,778, with a potential rental value of £1,450 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £253,118, with a rental value of £1,285 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 32, Monarch Road, Houghton Le Spring has decreased by £458 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £31 (2.2%). The property's estimated gross yield is currently 6.1%.
32, Monarch Road, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
32, Monarch Road, Houghton Le Spring last changed hands on 30th June 2022, selling for £294,950. 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 3.2% since June 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 32, Monarch Road, Houghton Le Spring across the last 2 years.
Most recently, 65, Monarch Road, Houghton Le Spring, DH4 6FG, a freehold house, sold at £294,950 on the 30th June 2023.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 32, Monarch Road, Houghton Le Spring as the largest and the 5th most expensive of the 71 addresses on Monarch Road, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £111k more expensive than the typical property.
Chester-le-Street station is the nearest stop to 32, Monarch Road, Houghton Le Spring at 5.7 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Monarch Road, Houghton Le Spring, % of property is and % is .
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 32, Monarch Road, Houghton Le Spring, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 32, Monarch Road, Houghton Le Spring, 0.0% 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 32, Monarch Road, Houghton Le Spring, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.