48, Monarch Road
48, Monarch Road
Description & Estimates
According to the public record, 48, Monarch Road, Houghton Le Spring is a modern freehold house with 1,216 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 48, Monarch Road, Houghton Le Spring is £254,734 and the estimated rental value is £1,293 per month.
Monarch Road, Houghton Le Spring, DH4 is located in the borough of Sunderland within the DH4 postal district.
Our Data Sources
48, Monarch Road, Houghton Le Spring has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated December 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.
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 48, Monarch Road, Houghton Le Spring is in very good condition we estimate a sale value of £267,471 and a rental value of £1,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,902 and a rental value of £1,202 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, Monarch Road, Houghton Le Spring has dropped by £428 (0.2%), while its estimated rental value has risen by £29 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
48, Monarch Road, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2022.
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, 48, Monarch Road, Houghton Le Spring was last sold on 25th August 2023 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped by 8.4%.
- Sold Aug 2023£250,000
- Sold Nov 2022£234,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Monarch Road, Houghton Le Spring within a radius of 800 metres over the last 2 years.
The most recent example is 66, Monarch Road, Houghton Le Spring, DH4 6FG, a freehold house which sold for £249,950 on the 30th June 2023.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Monarch Road, Houghton Le Spring, DH4 has a total of 71 addresses. According to our analysis of all the public data, 48, Monarch Road, Houghton Le Spring is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in DH4.
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Schools Nearby
- 700mNewbottle Primary Academy
- 1.2kmBurnside Academy Inspires
- 1.3kmShiney Row Primary School
- 2.0kmKepier
- 4.1kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 4.4kmBiddick Academy
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Public Transport Nearby
The closest station to 48, Monarch Road, Houghton Le Spring is Chester-le-Street station, which is 5.7 kilometres away.
- 5.7kmChester-le-Street
- 8.8kmSunderland
- 9.7kmSeaham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
