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According to the public record, 5E, The Esplanade, Sunderland is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5E, The Esplanade, Sunderland is £121,909 and the estimated rental value is £692 per month.
The apartment is within 5, The Esplanade, Sunderland, SR2.
The Esplanade, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
5E, The Esplanade, Sunderland has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 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 5E, The Esplanade, Sunderland is in very good condition we estimate a sale value of £128,004 and a rental value of £726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,375 and a rental value of £643 per month.
Over the last 12 months the sale value of 5E The Esplanade Sunderland has decreased by an estimated £994 (0.8%) and its rental value has increased by an estimated £18 per month (2.7%), giving an expected gross yield of 6.8%.
5E, The Esplanade, Sunderland has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Feb 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 5E, The Esplanade, Sunderland was last sold on 4th July 2022 for £85,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5E, The Esplanade, Sunderland within a radius of 430 metres over the last 2 years.
The most recent example is Flat 5, 15, Grange Crescent, Sunderland, SR2 7BN, a leasehold flat which sold for £248,874 on the 10th January 2023.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Esplanade, Sunderland, SR2 has a total of 29 addresses. According to our analysis of all the public data, 5E, The Esplanade, Sunderland is the 27th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in SR2.
The closest station to 5E, The Esplanade, Sunderland is Sunderland station which is 700 metres 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 5E, The Esplanade, Sunderland, 54.8% of property is privately rented and 19.1% is privately owned outright.
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 5E, The Esplanade, Sunderland, 18.4% of residents are recorded as possessing school level qualifications and 54.3% 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 5E, The Esplanade, Sunderland, the average age was 36.7 and the most common age was 22.
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 5E, The Esplanade, Sunderland, 3.1% 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 5E, The Esplanade, Sunderland, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
