5, Southburn Close
5, Southburn Close
Description & Estimates
5, Southburn Close, Houghton Le Spring is recorded publicly as a mid-century leasehold house across 1,216 ft2 of internal area, sitting on a 537 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Southburn Close, Houghton Le Spring is £217,568 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
Southburn Close, Houghton Le Spring, DH4 falls within the DH4 postal district, in the borough of Sunderland.
Our Data Sources
5, Southburn Close, Houghton Le Spring has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated September 2014.
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 5, Southburn Close, Houghton Le Spring, we estimate a market value of £228,446 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £202,338 and £1,074 per month respectively.
Recent Market Change
Over the last year, 5, Southburn Close, Houghton Le Spring has seen its estimated sale value decline by £366 (0.2%) and its estimated rental value climb by £26 per month (2.2%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 5, Southburn Close, Houghton Le Spring as measuring 537 m2.
That makes it the 2nd largest plot in the postcode, where 19 of the 22 other houses have recorded plot data.
Energy Efficiency
5, Southburn Close, Houghton Le Spring has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2014.
The property is not 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 5, Southburn Close, Houghton Le Spring completed on 1st May 2015 at £182,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 60.9% over the period since May 2015.
- Sold May 2015£182,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Southburn Close, Houghton Le Spring have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 97, Nine Lands, Houghton Le Spring, DH4 5QD, a freehold house which sold for £205,000.
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 22 addresses on Southburn Close, Houghton Le Spring, DH4, 5, Southburn Close, Houghton Le Spring comes out as the 8th largest and the 2nd most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the DH4 district.
More reading links
Schools Nearby
- 400mBurnside Academy Inspires
- 900mDubmire Primary
- 1.1kmSt Michael's Catholic Primary School, Houghton
- 800mKepier
- 3.2kmHetton Academy
- 4.9kmFarringdon Community Academy
More reading links
Public Transport Nearby
From 5, Southburn Close, Houghton Le Spring, the nearest station is Chester-le-Street, 6.1 kilometres away.
- 6.1kmChester-le-Street
- 9.2kmSeaham
- 9.4kmDurham
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.
