Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 72, Springwell Road, Sunderland is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 643 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 72, Springwell Road, Sunderland is £52,379 and the estimated rental value is £445 per month.
Springwell Road, Sunderland, SR3 is located in the borough of Sunderland within the SR3 postal district.
72, Springwell Road, Sunderland has a single entry in the Land Registry from September 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 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 72, Springwell Road, Sunderland is in very good condition we estimate a sale value of £54,998 and a rental value of £467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,712 and a rental value of £414 per month.
Over the last 12 months the sale value of 72 Springwell Road Sunderland has increased by an estimated £106 (0.2%) and its rental value has increased by an estimated £14 per month (3.1%), giving an expected gross yield of 10.2%.
According to HM Land Registry, 72, Springwell Road, Sunderland was last sold on 7th September 2007 for £69,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has dropped 15.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 72, Springwell Road, Sunderland within a radius of 590 metres over the last 2 years.
The most recent example is 66, Springwell Road, Sunderland, SR3 4EA, a leasehold flat which sold for £43,000 on the 11th June 2024.
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, 72, Springwell Road, Sunderland is the 77th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in SR3.
The closest station to 72, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 72, 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 72, 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 72, 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 72, 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 72, 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.
