Watersedge, Houghton Le Spring
Watersedge, Houghton Le Spring
Description & Estimates
Watersedge, Houghton Le Spring is described in the public record as a modern house with 2,873 ft2 of internal area, sitting on a 4,263 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Watersedge, Houghton Le Spring is £478,085 and its rental estimate is £1,472 per month, given the available information and assuming reasonable condition.
The Grove, Houghton Le Spring, DH5 falls within the DH5 postal district, in the borough of Sunderland.
Our Data Sources
Watersedge, Houghton Le Spring has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Watersedge, Houghton Le Spring, we estimate a market value of £501,990 and a rental value of £1,545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,620 and £1,369 per month respectively.
Recent Market Change
Over the last year, Watersedge, Houghton Le Spring has seen its estimated sale value drop by £7,688 (1.6%) and its estimated rental value rise by £20 per month (1.4%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for Watersedge, Houghton Le Spring as measuring 4,263 m2.
That makes it the largest plot in the postcode, where 15 of the 20 other houses have recorded plot data.
Energy Efficiency
Watersedge, Houghton Le Spring has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Watersedge, Houghton Le Spring completed on 30th July 1999 at £250,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jul 1999£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Watersedge, Houghton Le Spring have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st October 2024, was Summerton House, Durham Road, Houghton Le Spring, DH5 9QT, a freehold house which sold for £625,000.
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 20 addresses on The Grove, Houghton Le Spring, DH5, Watersedge, Houghton Le Spring comes out as the 2nd largest and the 7th most expensive in our analysis of the public data.
It is also £346k more expensive than the average property across the DH5 district.
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Schools Nearby
- 400mSt Michael's Catholic Primary School, Houghton
- 900mBernard Gilpin Primary School
- 1.2kmEast Rainton Primary School
- 800mKepier
- 1.8kmHetton Academy
- 5.3kmFarringdon Community Academy
More reading links
Public Transport Nearby
From Watersedge, Houghton Le Spring, the nearest station is Chester-le-Street, 7.2 kilometres away.
- 7.2kmChester-le-Street
- 8.4kmSeaham
- 9.2kmDurham
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.
