56, Ocean Park Road
56, Ocean Park Road
Description & Estimates
Public records show 56, Ocean Park Road, Sunderland to be a modern freehold house with 1,227 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
56, Ocean Park Road, Sunderland has an estimated sale value of £383,485 and an estimated rental value of £1,397 per month, assuming reasonable condition and based on the information available.
Ocean Park Road, Sunderland, SR6 lies in the borough of Sunderland, within the SR6 postal district.
Our Data Sources
56, Ocean Park Road, Sunderland has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 56, Ocean Park Road, Sunderland would be worth £402,659, with a potential rental value of £1,467 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £356,641, with a rental value of £1,299 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Ocean Park Road, Sunderland has dropped by £1,794 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (2.3%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
56, Ocean Park Road, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 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
56, Ocean Park Road, Sunderland last changed hands on 5th August 2022, selling for £365,995. 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 dropped by 42.4% since August 2022.
- Sold Aug 2022£365,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 56, Ocean Park Road, Sunderland across the last 2 years.
Most recently, 72, Ocean Park Road, Sunderland, SR6 8BP, a freehold house, sold at £389,995 on the 22nd July 2022.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 56, Ocean Park Road, Sunderland as the 30th largest and the 23rd most expensive of the 82 addresses on Ocean Park Road, Sunderland, SR6.
Against the SR6 postcode district average, it is £196k more expensive than the typical property.
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Schools Nearby
- 600mFulwell Junior School
- 600mFulwell Infant School Academy
- 800mSeaburn Dene Primary School
- 900mMonkwearmouth Academy
- 1.9kmWhitburn Church of England Academy
- 3.2kmRed House Academy
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 56, Ocean Park Road, Sunderland at 3.5 kilometres away.
- 3.5kmSunderland
- 11.3kmSeaham
- 11.8kmHeworth
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
