Flat 8, 22
Flat 8, 22
Description & Estimates
According to the public record, Flat 8, 22, Park Place West, Sunderland is a period leasehold apartment with 505 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 8, 22, Park Place West, Sunderland is £77,156 and the estimated rental value is £658 per month.
The apartment is within 22, Park Place West, Sunderland, SR2.
Park Place West, Sunderland, SR2 is located in the borough of Sunderland within the SR2 postal district.
Our Data Sources
Flat 8, 22, Park Place West, Sunderland has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated April 2020.
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.
Price Range & Condition
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 8, 22, Park Place West, Sunderland is in very good condition we estimate a sale value of £81,014 and a rental value of £691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,755 and a rental value of £612 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, 22, Park Place West, Sunderland has dropped by £955 (1.2%), while its estimated rental value has risen by £11 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 10.2%.
Energy Efficiency
Flat 8, 22, Park Place West, Sunderland has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 8, 22, Park Place West, Sunderland was last sold on 8th June 2007 for £94,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has dropped by 8.3%.
- Sold Jun 2007£94,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 22, Park Place West, Sunderland within a radius of 470 metres over the last 2 years.
The most recent example is Flat 5, 22, Park Place West, Sunderland, SR2 8HT, a leasehold flat which sold for £58,500 on the 26th January 2024.
Read more about house prices in SR2.
- Sold Jan 2024£58,500 | 2 Bed Flat22, Park Place WestFlat 5, 22, Park Place West, Sunderland, SR2 8HT
- Sold Nov 2023£53,000 | 2 Bed Flat22, Park Place WestFlat 1, 22, Park Place West, Sunderland, SR2 8HT
- Sold Jan 2021£45,000 | 2 Bed Flat22, Park Place WestFlat 7, 22, Park Place West, Sunderland, SR2 8HT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Place West, Sunderland, SR2 has a total of 59 addresses. According to our analysis of all the public data, Flat 8, 22, Park Place West, Sunderland is the 37th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in SR2.
More reading links
Schools Nearby
- 500mHudson Road Primary School
- 800mValley Road Academy
- 1.2kmSt Mary's Catholic Primary School, Sunderland
- 800mSt Anthony's Girls' Catholic Academy
- 900mThornhill Academy
- 900mSt Aidan's Catholic Academy
More reading links
Public Transport Nearby
The closest station to Flat 8, 22, Park Place West, Sunderland is Sunderland station, which is 700 metres away.
- 700mSunderland
- 7.4kmSeaham
- 12.7kmHeworth
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
