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According to the public record, 7, Park Gate, Sunderland is a period leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Park Gate, Sunderland is £144,964 and the estimated rental value is £856 per month.
Park Gate, Sunderland, SR6 is located in the borough of Sunderland within the SR6 postal district.
7, Park Gate, Sunderland has 21 entries in the Land Registry , most recently in July 2012 and a single entry in the EPC database dated August 2024.
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.
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 7, Park Gate, Sunderland is in very good condition we estimate a sale value of £152,212 and a rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,817 and a rental value of £796 per month.
Over the last 12 months the sale value of 7 Park Gate Sunderland has decreased by an estimated £340 (0.2%) and its rental value has increased by an estimated £27 per month (3.2%), giving an expected gross yield of 7.1%.
7, Park Gate, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Park Gate, Sunderland was last sold on 6th July 2012 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2012, the market for similar properties has dropped 30.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Park Gate, Sunderland within a radius of 510 metres over the last 2 years.
The most recent example is 35, Bede Street, Sunderland, SR6 0NS, a leasehold flat which sold for £92,000 on the 20th June 2014.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Gate, Sunderland, SR6 has a total of 33 addresses. According to our analysis of all the public data, 7, Park Gate, Sunderland is the 6th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in SR6.
The closest station to 7, Park Gate, Sunderland is Sunderland station which is 2.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Park Gate, Sunderland, 51.8% of property is privately owned outright and 36.8% 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 7, Park Gate, Sunderland, 15.9% of residents are recorded as possessing school level qualifications and 41.3% 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 7, Park Gate, Sunderland, the average age was 48.5 and the most common age was 57.
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 7, Park Gate, Sunderland, 2.4% 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 7, Park Gate, Sunderland, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.