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Company No. 11113204
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According to the public record, 4, Redmill Close, Sunderland is a modern freehold house with 1,399 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 4, Redmill Close, Sunderland is £442,199 and the estimated rental value is £1,574 per month.
Redmill Close, Sunderland, SR6 is located in the borough of Sunderland within the SR6 postal district.
4, Redmill Close, Sunderland has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Redmill Close, Sunderland is in very good condition we estimate a sale value of £464,308 and a rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,245 and a rental value of £1,464 per month.
Over the last 12 months the sale value of 4 Redmill Close Sunderland has decreased by an estimated £1,273 (0.3%) and its rental value has increased by an estimated £42 per month (2.7%), giving an expected gross yield of 4.3%.
4, Redmill Close, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Feb 2022.
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, Redmill Close, Sunderland was last sold on 25th February 2022 for £409,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Redmill Close, Sunderland within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 7, Redmill Close, Sunderland, SR6 8BJ, a freehold house which sold for £500,000 on the 2nd July 2024.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redmill Close, Sunderland, SR6 has a total of 25 addresses. According to our analysis of all the public data, 4, Redmill Close, Sunderland is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in SR6.
The closest station to 4, Redmill Close, Sunderland is Sunderland station which is 3.9 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, Redmill Close, Sunderland, 61.7% of property is privately owned outright and 36.2% is privately owned with a mortgage.
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, Redmill Close, Sunderland, 15.6% of residents are recorded as possessing school level qualifications and 43.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Redmill Close, Sunderland, the average age was 48.5 and the most common age was 57.
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, Redmill Close, Sunderland, 3.6% 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, Redmill Close, Sunderland, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
