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According to the public record, Flat 2, 31, Gray Road, Sunderland is a early-century apartment with 850 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 Flat 2, 31, Gray Road, Sunderland is £27,310 and the estimated rental value is £217 per month.
The apartment is within 31, Gray Road, Sunderland, SR2.
Gray Road, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
Flat 2, 31, Gray Road, Sunderland has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Flat 2, 31, Gray Road, Sunderland is in very good condition we estimate a sale value of £28,676 and a rental value of £228 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £25,399 and a rental value of £202 per month.
Over the last 12 months the sale value of Flat 2 31 Gray Road Sunderland has decreased by an estimated £223 (0.8%) and its rental value has increased by an estimated £6 per month (2.7%), giving an expected gross yield of 9.5%.
Flat 2, 31, Gray Road, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 31, Gray Road, Sunderland within a radius of 420 metres over the last 2 years.
The most recent example is 35B, Gray Road, Sunderland, SR2 8BG, a leasehold flat which sold for £28,500 on the 11th September 2024.
Read more about house prices in SR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gray Road, Sunderland, SR2 has a total of 366 addresses. According to our analysis of all the public data, Flat 2, 31, Gray Road, Sunderland is the 102nd largest and the 360th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in SR2.
The closest station to Flat 2, 31, Gray Road, Sunderland is Sunderland station which is 1.0 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 Flat 2, 31, Gray Road, Sunderland, 37.9% of property is privately owned outright and 35.8% is privately rented.
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 Flat 2, 31, Gray Road, Sunderland, 22.7% of residents are recorded as possessing school level qualifications and 21.8% 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 Flat 2, 31, Gray Road, Sunderland, the average age was 40.9 and the most common age was 37.
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 Flat 2, 31, Gray Road, Sunderland, 0.4% 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 Flat 2, 31, Gray 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.
