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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
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According to the public record, 7, Park Lea, Sunderland is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 992 ft2 of internal area and sits on a 688 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Park Lea, Sunderland is £269,286 and the estimated rental value is £1,082 per month.
Park Lea, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
7, Park Lea, Sunderland has a single entry in the Land Registry from November 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 1 out of 5 and is considered of low 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 Lea, Sunderland is in very good condition we estimate a sale value of £282,750 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,436 and a rental value of £1,006 per month.
Over the last 12 months the sale value of 7 Park Lea Sunderland has increased by an estimated £2,501 (0.9%) and its rental value has increased by an estimated £42 per month (3.9%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 7, Park Lea, Sunderland sits on a plot of 688m2.
We have plot size data on 55 out of 55 other houses in the postcode and 7, Park Lea, Sunderland sits on the largest plot.
According to HM Land Registry, 7, Park Lea, Sunderland was last sold on 7th November 2007 for £207,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has dropped 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Park Lea, Sunderland within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 56, Park Lea, Sunderland, SR3 3SZ, a leasehold house which sold for £235,000 on the 25th May 2023.
Read more about house prices in SR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lea, Sunderland, SR3 has a total of 97 addresses. According to our analysis of all the public data, 7, Park Lea, Sunderland is the 64th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in SR3.
The closest station to 7, Park Lea, Sunderland is Sunderland station which is 5.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Lea, Sunderland, 46.8% of property is privately owned with a mortgage and 46.0% is privately owned outright.
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 Lea, Sunderland, 16.6% of residents are recorded as possessing school level qualifications and 41.1% 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 Lea, Sunderland, the average age was 47.9 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 Lea, Sunderland, 1.3% 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 Lea, Sunderland, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
