62, Balmoral Terrace
62, Balmoral Terrace
Description & Estimates
The public record lists 62, Balmoral Terrace, Sunderland as a freehold house sitting on a 153 m2 plot.
Comparison with its neighbours suggests a period house with 1,320 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
62, Balmoral Terrace, Sunderland has an estimated sale value of £122,507 and an estimated rental value of £664 per month, assuming reasonable condition and based on the information available.
Balmoral Terrace, Sunderland, SR2 lies in the borough of Sunderland, within the SR2 postal district.
Our Data Sources
62, Balmoral Terrace, Sunderland has a single entry in the Land Registry from October 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 62, Balmoral Terrace, Sunderland would be worth £128,632, with a potential rental value of £697 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £113,931, with a rental value of £618 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 62, Balmoral Terrace, Sunderland has moved down by £573 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £15 (2.3%). The property's estimated gross yield is currently 6.5%.
Plot Size
62, Balmoral Terrace, Sunderland occupies a 153 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 17 have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
62, Balmoral Terrace, Sunderland last changed hands on 1st October 2007, selling for £115,000. 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 32.6% since October 2007.
- Sold Oct 2007£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 62, Balmoral Terrace, Sunderland across the last 2 years.
Most recently, 31, Leechmere Road, Sunderland, SR2 9NA, a freehold house, sold at £94,000 on the 15th March 2024.
Read more about house prices in SR2.
•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 62, Balmoral Terrace, Sunderland as the largest and the 19th most expensive of the 64 addresses on Balmoral Terrace, Sunderland, SR2.
Against the SR2 postcode district average, it is £65k less expensive than the typical property.
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Schools Nearby
- 300mGrangetown Primary School
- 700mHill View Junior Academy
- 900mValley Road Academy
- 500mSouthmoor Academy
- 1.4kmSt Aidan's Catholic Academy
- 1.8kmThornhill Academy
More reading links
Public Transport Nearby
Sunderland station is the nearest stop to 62, Balmoral Terrace, Sunderland at 2.2 kilometres away.
- 2.2kmSunderland
- 5.9kmSeaham
- 13.8kmChester-le-Street
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
