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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, 64, Springwell Road, Sunderland is a mid-century apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 64, Springwell Road, Sunderland is £42,976 and the estimated rental value is £394 per month.
Springwell Road, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
64, Springwell Road, Sunderland has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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.
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 64, Springwell Road, Sunderland is in very good condition we estimate a sale value of £45,125 and a rental value of £414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £39,968 and a rental value of £367 per month.
Over the last 12 months the sale value of 64 Springwell Road Sunderland has decreased by an estimated £162 (0.4%) and its rental value has increased by an estimated £8 per month (2.1%), giving an expected gross yield of 11%.
64, Springwell Road, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Springwell Road, Sunderland within a radius of 590 metres over the last 2 years.
The most recent example is 74, Springwell Road, Sunderland, SR3 4EA, a leasehold flat which sold for £40,000 on the 11th March 2022.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springwell Road, Sunderland, SR3 has a total of 101 addresses. According to our analysis of all the public data, 64, Springwell Road, Sunderland is the 98th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in SR3.
The closest station to 64, Springwell Road, Sunderland is Sunderland station which is 3.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 64, Springwell Road, Sunderland, 52.3% of property is socially rented and 19.8% 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 64, Springwell Road, Sunderland, 15.5% of residents are recorded as possessing school level qualifications and 18.7% 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 64, Springwell Road, 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 64, Springwell Road, 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 64, Springwell Road, Sunderland, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
