2 Margate Street

    2, MARGATE STREET, SUNDERLAND, SR3 1BQ

    This terraced freehold property on Margate Street last sold in January 2017 for £75,000. Based on price growth in the SR3 district since then, its estimated current value is £95,324 — placing it in the 3rd percentile nationally and the 16th percentile within SR3. The property covers 98 m² (1,055 sq ft), giving an estimated value of £973 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £75,000

    Jan 2017

    Estimated Valuation

    £95,324

    Est. £/sq ft

    £90/sq ft

    £973/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jan 2017

    £75,000

    Key Metrics

    Estimated valuation£95,324
    Value per sq ft / m²£90/sq ft (£973/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile16th percentile
    National percentile3rd percentile

    District Context — SR3

    SR3 covers areas in South Tyneside in the North East of England. It is a working-class community with a significant older population and high reliance on social housing.

    Average Property Price - SR3

    £194,126

    10

    National percentile

    Average Net Household Income - SR3

    £33,269

    21

    National percentile

    10-Year Annualised Price Growth - SR3

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - SR

    2.9%

    5

    National percentile

    View full analysis for SR3

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