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According to the public record, 4, Monarch Road, Houghton Le Spring is a modern freehold house with 1,097 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Monarch Road, Houghton Le Spring is £234,519 and the estimated rental value is £1,182 per month.
Monarch Road, Houghton Le Spring, DH4 is located in the borough of Sunderland within the DH4 postal district.
4, Monarch Road, Houghton Le Spring has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated November 2021.
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.
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 4, Monarch Road, Houghton Le Spring is in very good condition we estimate a sale value of £246,245 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,102 and a rental value of £1,099 per month.
Over the past 12 months, the estimated sale value of 4, Monarch Road, Houghton Le Spring has risen by £623 (0.3%), while its estimated rental value has moved up by £35 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.0%.
4, Monarch Road, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Monarch Road, Houghton Le Spring was last sold on 26th November 2021 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has dropped by 29.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Monarch Road, Houghton Le Spring within a radius of 830 metres over the last 2 years.
The most recent example is 9, Montanna Close, Houghton Le Spring, DH4 6FN, a freehold house which sold for £245,000 on the 17th May 2024.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monarch Road, Houghton Le Spring, DH4 has a total of 71 addresses. According to our analysis of all the public data, 4, Monarch Road, Houghton Le Spring is the 26th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in DH4.
The closest station to 4, Monarch Road, Houghton Le Spring is Chester-le-Street station, which is 5.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, 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 4, 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 4, 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 4, 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.