8, Dragonfly Way
8, Dragonfly Way
Description & Estimates
Public records show 8, Dragonfly Way, Houghton Le Spring to be a modern freehold house with 1,130 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Dragonfly Way, Houghton Le Spring has an estimated sale value of £280,759 and an estimated rental value of £1,287 per month, assuming reasonable condition and based on the information available.
Dragonfly Way, Houghton Le Spring, DH4 lies in the borough of Sunderland, within the DH4 postal district.
Our Data Sources
8, Dragonfly Way, Houghton Le Spring has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated January 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.
Price Range & Condition
In very good condition, we estimate 8, Dragonfly Way, Houghton Le Spring would be worth £294,797, with a potential rental value of £1,351 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £261,106, with a rental value of £1,197 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 8, Dragonfly Way, Houghton Le Spring has declined by £472 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (2.2%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
8, Dragonfly Way, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Dragonfly Way, Houghton Le Spring last changed hands on 22nd March 2024, selling for £289,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 11.9% since March 2024.
- Sold Mar 2024£289,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 8, Dragonfly Way, Houghton Le Spring across the last 2 years.
Most recently, 12, Dragonfly Way, Houghton Le Spring, DH4 7BN, a freehold house, sold at £279,995 on the 21st June 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 8, Dragonfly Way, Houghton Le Spring as the 37th largest and the 39th most expensive of the 54 addresses on Dragonfly Way, Houghton Le Spring, DH4.
Against the DH4 postcode district average, it is £120k more expensive than the typical property.
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Schools Nearby
- 500mBarnwell Academy
- 700mNew Penshaw Academy
- 700mOur Lady Queen of Peace Catholic Primary School, Penshaw
- 2.8kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 3.0kmBiddick Academy
- 3.7kmKepier
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 8, Dragonfly Way, Houghton Le Spring at 6.2 kilometres away.
- 6.2kmChester-le-Street
- 7.6kmSunderland
- 9.9kmHeworth
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
