3 Park Place East

    3, PARK PLACE EAST, SUNDERLAND, SR2 8EE

    This terraced freehold property on Park Place East last sold in September 2017 for £240,000. Based on price growth in the SR2 district since then, its estimated current value is £303,192 — placing it in the 50th percentile nationally and the 89th percentile within SR2. The property covers 235 m² (2,530 sq ft), giving an estimated value of £1,290 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,530 sq ft

    235 m²

    Last Sale Price

    £240,000

    Sept 2017

    Estimated Valuation

    £303,192

    Est. £/sq ft

    £120/sq ft

    £1,290/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,530 sq ft (235 m²)
    EPC dateJul 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2017

    £240,000

    28 Aug 1998

    £40,000

    Key Metrics

    Estimated valuation£303,192
    Value per sq ft / m²£120/sq ft (£1,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR2 district percentile89th percentile
    National percentile50th 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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