8, Gilesgate Road
8, Gilesgate Road
Description & Estimates
8, Gilesgate Road, Houghton Le Spring is recorded publicly as a mid-century leasehold house across 731 ft2 of internal area, sitting on a 335 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Gilesgate Road, Houghton Le Spring is £141,097 and its rental estimate is £842 per month, given the available information and assuming reasonable condition.
Gilesgate Road, Easington Lane, Houghton Le Spring, DH5 falls within the DH5 postal district, in the borough of Sunderland.
Our Data Sources
8, Gilesgate Road, Houghton Le Spring has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Gilesgate Road, Houghton Le Spring, we estimate a market value of £148,152 and a rental value of £884 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £131,220 and £783 per month respectively.
Recent Market Change
Over the last year, 8, Gilesgate Road, Houghton Le Spring has seen its estimated sale value grow by £602 (0.4%) and its estimated rental value climb by £27 per month (3.2%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 8, Gilesgate Road, Houghton Le Spring as measuring 335 m2.
That makes it the 13th largest plot in the postcode, where 33 of the 38 other houses have recorded plot data.
Energy Efficiency
8, Gilesgate Road, Houghton Le Spring has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Gilesgate Road, Houghton Le Spring completed on 20th February 2019 at £142,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.5% over the period since February 2019.
- Sold Feb 2019£142,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Gilesgate Road, Houghton Le Spring have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 116, Lambton Drive, Houghton Le Spring, DH5 0ER, a freehold house which sold for £142,500.
Read more about house prices in DH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Gilesgate Road, Easington Lane, Houghton Le Spring, DH5, 8, Gilesgate Road, Houghton Le Spring comes out as the 38th largest and the 38th most expensive in our analysis of the public data.
It is also £9k more expensive than the average property across the DH5 district.
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Schools Nearby
- 500mHetton Lyons Primary School
- 1.0kmHetton Primary School
- 1.0kmEasington Lane Primary School
- 1.2kmHetton Academy
- 3.6kmKepier
- 6.0kmBelmont Community School
More reading links
Public Transport Nearby
From 8, Gilesgate Road, Houghton Le Spring, the nearest station is Seaham, 7.3 kilometres away.
- 7.3kmSeaham
- 9.4kmDurham
- 9.7kmChester-le-Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
