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According to the public record, 5, Faraday Grove, Sunderland is a leasehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,089 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Faraday Grove, Sunderland is £162,252 and the estimated rental value is £925 per month.
Faraday Grove, Sunderland, SR4 is located in the borough of Sunderland within the SR4 postal district.
5, Faraday Grove, Sunderland has 2 entries in the Land Registry , most recently in May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Faraday Grove, Sunderland is in very good condition we estimate a sale value of £170,364 and a rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,894 and a rental value of £861 per month.
Over the last 12 months the sale value of 5 Faraday Grove Sunderland has increased by an estimated £3,441 (2.1%) and its rental value has increased by an estimated £38 per month (4.1%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 5, Faraday Grove, Sunderland was last sold on 11th May 2012 for £140,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 101.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Faraday Grove, Sunderland within a radius of 530 metres over the last 2 years.
The most recent example is 27, Ferndene Crescent, Sunderland, SR4 6UP, a leasehold house which sold for £163,000 on the 16th August 2023.
Read more about house prices in SR4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Grove, Sunderland, SR4 has a total of 38 addresses. According to our analysis of all the public data, 5, Faraday Grove, Sunderland is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in SR4.
The closest station to 5, Faraday Grove, Sunderland is Sunderland station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 5, Faraday Grove, Sunderland, 40.8% of property is privately owned outright and 30.0% is socially rented.
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 5, Faraday Grove, Sunderland, 14.1% of residents are recorded as possessing school level qualifications and 14.3% 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 5, Faraday Grove, Sunderland, the average age was 45.9 and the most common age was 62.
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 5, Faraday Grove, Sunderland, 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 5, Faraday Grove, Sunderland, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
