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Public records show 83, Ocean Park Road, Sunderland to be a modern freehold house with 699 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
83, Ocean Park Road, Sunderland has an estimated sale value of £265,426 and an estimated rental value of £1,197 per month, assuming reasonable condition and based on the information available.
Ocean Park Road, Sunderland, SR6 lies in the borough of Sunderland, within the SR6 postal district.
83, Ocean Park Road, Sunderland has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated April 2021.
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.
In very good condition, we estimate 83, Ocean Park Road, Sunderland would be worth £278,697, with a potential rental value of £1,257 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,846, with a rental value of £1,113 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 83, Ocean Park Road, Sunderland has moved up by £2,145 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £44 (3.6%). The property's estimated gross yield is currently 5.4%.
83, Ocean Park Road, Sunderland has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
83, Ocean Park Road, Sunderland last changed hands on 30th April 2021, selling for £186,000. 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 46.9% since April 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 83, Ocean Park Road, Sunderland across the last 2 years.
Most recently, 67, Ocean Park Road, Sunderland, SR6 8BP, a freehold house, sold at £209,995 on the 25th November 2022.
Read more about house prices in SR6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 83, Ocean Park Road, Sunderland as the 73rd largest and the 73rd most expensive of the 82 addresses on Ocean Park Road, Sunderland, SR6.
Against the SR6 postcode district average, it is £78k more expensive than the typical property.
Sunderland station is the nearest stop to 83, Ocean Park Road, Sunderland at 3.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 83, Ocean Park Road, Sunderland, 71.0% of property is privately owned outright and 21.8% 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 83, Ocean Park Road, Sunderland, 12.8% of residents are recorded as possessing school level qualifications and 39.9% 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 83, Ocean Park Road, 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 83, Ocean Park Road, Sunderland, 1.9% 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 83, Ocean Park Road, 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.