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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Townsend Square, Sunderland is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 614 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Townsend Square, Sunderland is £46,286 and the estimated rental value is £416 per month.
Townsend Square, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
5, Townsend Square, Sunderland has 31 entries in the Land Registry , most recently in June 2007 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 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 5, Townsend Square, Sunderland is in very good condition we estimate a sale value of £48,600 and a rental value of £437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,046 and a rental value of £387 per month.
Over the last 12 months the sale value of 5 Townsend Square Sunderland has decreased by an estimated £369 (0.8%) and its rental value has increased by an estimated £9 per month (2.0%), giving an expected gross yield of 10.8%.
According to HM Land Registry, 5, Townsend Square, Sunderland was last sold on 26th June 2007 for £57,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2007, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Townsend Square, Sunderland within a radius of 520 metres over the last 2 years.
The most recent example is 7, Townsend Square, Sunderland, SR3 4LT, a leasehold flat which sold for £55,000 on the 24th January 2022.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Townsend Square, Sunderland, SR3 has a total of 16 addresses. According to our analysis of all the public data, 5, Townsend Square, Sunderland is the largest and the most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in SR3.
The closest station to 5, Townsend Square, Sunderland is Sunderland station which is 4.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Townsend Square, Sunderland, 53.3% of property is socially rented and 24.8% 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 5, Townsend Square, Sunderland, 22.8% of residents are recorded as possessing school level qualifications and 13.2% 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, Townsend Square, Sunderland, the average age was 38.4 and the most common age was 32.
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, Townsend Square, 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, Townsend Square, 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.
