37, Ross Lea
37, Ross Lea
Description & Estimates
37, Ross Lea, Houghton Le Spring is recorded publicly as a mid-century leasehold apartment across 1,227 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 37, Ross Lea, Houghton Le Spring is £97,980 and its rental estimate is £669 per month, given the available information and assuming reasonable condition.
37, Ross Lea is a residential building on Ross Lea, Houghton Le Spring, DH4 and falls within the DH4 postal district and the borough of Sunderland.
Our Data Sources
37, Ross Lea, Houghton Le Spring has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 37, Ross Lea, Houghton Le Spring, we estimate a market value of £102,879 and a rental value of £702 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,122 and £622 per month respectively.
Recent Market Change
Over the last year, 37, Ross Lea, Houghton Le Spring has seen its estimated sale value drop by £1,488 (1.5%) and its estimated rental value rise by £9 per month (1.4%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
37, Ross Lea, Houghton Le Spring has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2020.
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 37, Ross Lea, Houghton Le Spring completed on 25th June 2007 at £96,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 25.8% over the period since June 2007.
- Sold Jun 2007£96,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 620 metres of 37, Ross Lea, Houghton Le Spring, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2019, was 45, Ross Lea, Houghton Le Spring, DH4 4PQ, a leasehold house which sold for £148,000.
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
Of the 87 addresses on Ross Lea, Houghton Le Spring, DH4, 37, Ross Lea, Houghton Le Spring comes out as the 10th largest and the 86th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the DH4 district.
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Schools Nearby
- 700mShiney Row Primary School
- 1.1kmOur Lady Queen of Peace Catholic Primary School, Penshaw
- 1.2kmBournmoor Primary School
- 2.9kmKepier
- 3.2kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 3.5kmBiddick Academy
More reading links
Public Transport Nearby
From 37, Ross Lea, Houghton Le Spring, the nearest station is Chester-le-Street, 5.1 kilometres away.
- 5.1kmChester-le-Street
- 8.9kmSunderland
- 10.5kmSeaham
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 very low, based on Environment Agency data.
