2 Paddock Lane

    2, PADDOCK LANE, SUNDERLAND, SR3 2BX

    This detached freehold property on Paddock Lane last sold in June 2021 for £246,000. Based on price growth in the SR3 district since then, its estimated current value is £244,364 — placing it in the 36th percentile nationally and the 76th percentile within SR3. The property covers 150 m² (1,615 sq ft), giving an estimated value of £1,629 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £246,000

    Jun 2021

    Estimated Valuation

    £244,364

    Est. £/sq ft

    £151/sq ft

    £1,629/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: bulk LPG
    EPC currentC
    EPC potentialB
    Floor area1,615 sq ft (150 m²)
    EPC dateFeb 2015
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, LPG

    Transaction History

    17 Jun 2021

    £246,000

    12 Mar 2015

    New build

    £235,000

    Key Metrics

    Estimated valuation£244,364
    Value per sq ft / m²£151/sq ft (£1,629/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile76th percentile
    National percentile36th 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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