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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
Public records show 5, Waite Close, Houghton Le Spring to be a modern freehold house with 925 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Waite Close, Houghton Le Spring has an estimated sale value of £209,587 and an estimated rental value of £1,186 per month, assuming reasonable condition and based on the information available.
Waite Close, Houghton Le Spring, DH4 lies in the borough of Sunderland, within the DH4 postal district.
5, Waite Close, Houghton Le Spring has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated January 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.
In very good condition, we estimate 5, Waite Close, Houghton Le Spring would be worth £220,067, with a potential rental value of £1,245 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,916, with a rental value of £1,103 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Waite Close, Houghton Le Spring has increased by £557 (0.3%) over the last year. During the same period, its estimated monthly rental value has grown by £35 (3.0%). The property's estimated gross yield is currently 6.8%.
5, Waite Close, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
5, Waite Close, Houghton Le Spring last changed hands on 27th January 2022, selling for £191,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 30.6% since January 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 5, Waite Close, Houghton Le Spring across the last 2 years.
Most recently, 2, Waite Close, Houghton Le Spring, DH4 6FU, a freehold house, sold at £191,995 on the 17th December 2021.
Read more about house prices in DH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Waite Close, Houghton Le Spring as the 9th largest and the 7th most expensive of the 16 addresses on Waite Close, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £49k more expensive than the typical property.
Chester-le-Street station is the nearest stop to 5, Waite Close, Houghton Le Spring at 5.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Waite Close, Houghton Le Spring, 51.4% of property is privately owned with a mortgage and 26.6% 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, Waite Close, Houghton Le Spring, 24.6% of residents are recorded as possessing school level qualifications and 30.9% 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, Waite Close, Houghton Le Spring, the average age was 40.1 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, Waite Close, Houghton Le Spring, 0.3% 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, Waite Close, Houghton Le Spring, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
