3 Lorne Terrace

    3, LORNE TERRACE, SUNDERLAND, SR2 7BU

    This terraced freehold property on Lorne Terrace last sold in May 2024 for £155,000. Based on price growth in the SR2 district since then, its estimated current value is £154,250 — placing it in the 13th percentile nationally and the 51st percentile within SR2. The property covers 118 m² (1,270 sq ft), giving an estimated value of £1,307 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £155,000

    May 2024

    Estimated Valuation

    £154,250

    Est. £/sq ft

    £121/sq ft

    £1,307/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 May 2024

    £155,000

    6 Nov 1998

    £37,000

    Key Metrics

    Estimated valuation£154,250
    Value per sq ft / m²£121/sq ft (£1,307/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR2 district percentile51st percentile
    National percentile13th percentile

    District Context — SR2

    SR2 covers Sunderland and surrounding areas in the North East, sitting within the Wearside region. It is a predominantly residential district with a mixed economic base and strong community character.

    Average Property Price - SR2

    £168,786

    6

    National percentile

    Average Net Household Income - SR2

    £32,798

    17

    National percentile

    10-Year Annualised Price Growth - SR2

    2.5%

    15

    National percentile

    10-Year Annualised Rent Growth - SR

    2.9%

    5

    National percentile

    View full analysis for SR2

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