68, Monarch Road
68, Monarch Road
Description & Estimates
Public records show 68, Monarch Road, Houghton Le Spring to be a modern freehold house with 1,097 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
68, Monarch Road, Houghton Le Spring has an estimated sale value of £234,519 and an estimated rental value of £1,182 per month, assuming reasonable condition and based on the information available.
Monarch Road, Houghton Le Spring, DH4 lies in the borough of Sunderland, within the DH4 postal district.
Our Data Sources
68, Monarch Road, Houghton Le Spring has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated November 2020.
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.
Price Range & Condition
In very good condition, we estimate 68, Monarch Road, Houghton Le Spring would be worth £246,245, with a potential rental value of £1,241 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £218,102, with a rental value of £1,099 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 68, Monarch Road, Houghton Le Spring has moved up by £623 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.0%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
68, Monarch Road, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
68, Monarch Road, Houghton Le Spring last changed hands on 10th October 2022, selling for £239,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 35.9% since October 2022.
- Sold Oct 2022£239,000
- Sold Dec 2020£227,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 68, Monarch Road, Houghton Le Spring across the last 2 years.
Most recently, 9, Montanna Close, Houghton Le Spring, DH4 6FN, a freehold house, sold at £245,000 on the 17th May 2024.
Read more about house prices in DH4.
•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 68, Monarch Road, Houghton Le Spring as the 23rd largest and the 23rd most expensive of the 71 addresses on Monarch Road, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £73k more expensive than the typical property.
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Schools Nearby
- 700mNewbottle Primary Academy
- 1.2kmBurnside Academy Inspires
- 1.3kmShiney Row Primary School
- 2.0kmKepier
- 4.1kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 4.4kmBiddick Academy
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 68, Monarch Road, Houghton Le Spring at 5.7 kilometres away.
- 5.7kmChester-le-Street
- 8.8kmSunderland
- 9.7kmSeaham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
