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According to the public record, 7, Peareth Grove, Sunderland is a early-century leasehold house with 1,076 ft2 of internal area and sits on a 237 m2 plot.
Houses 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, Peareth Grove, Sunderland is £343,842 and the estimated rental value is £1,328 per month.
Peareth Grove, Sunderland, SR6 is located in the borough of Sunderland within the SR6 postal district.
7, Peareth Grove, Sunderland has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Peareth Grove, Sunderland is in very good condition we estimate a sale value of £361,034 and a rental value of £1,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,773 and a rental value of £1,235 per month.
Over the last 12 months the sale value of 7 Peareth Grove Sunderland has increased by an estimated £1,602 (0.5%) and its rental value has increased by an estimated £43 per month (3.2%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 7, Peareth Grove, Sunderland sits on a plot of 237m2.
We have plot size data on 15 out of 15 other houses in the postcode and 7, Peareth Grove, Sunderland sits on the 11th largest plot.
7, Peareth Grove, Sunderland has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Peareth Grove, Sunderland was last sold on 20th December 2022 for £275,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 40.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Peareth Grove, Sunderland within a radius of 610 metres over the last 2 years.
The most recent example is 24, Park Avenue, Sunderland, SR6 9NJ, a freehold house which sold for £359,950 on the 31st May 2023.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peareth Grove, Sunderland, SR6 has a total of 15 addresses. According to our analysis of all the public data, 7, Peareth Grove, Sunderland is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £157k more expensive than the average property in SR6.
The closest station to 7, Peareth Grove, Sunderland is Sunderland station which is 2.7 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, Peareth Grove, Sunderland, 74.4% of property is privately owned outright and 23.2% 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, Peareth Grove, Sunderland, 13.6% of residents are recorded as possessing school level qualifications and 36.7% 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 7, Peareth Grove, 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, Peareth Grove, Sunderland, 2.1% 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, Peareth Grove, Sunderland, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
