2 Ravelston Close

    2, RAVELSTON CLOSE, SUNDERLAND, SR3 2PL

    This terraced freehold property on Ravelston Close last sold in August 2021 for £163,000. Based on price growth in the SR3 district since then, its estimated current value is £188,141 — placing it in the 21st percentile nationally and the 55th percentile within SR3. The property covers 97 m² (1,044 sq ft), giving an estimated value of £1,940 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £163,000

    Aug 2021

    Estimated Valuation

    £188,141

    Est. £/sq ft

    £180/sq ft

    £1,940/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2021

    £163,000

    24 Mar 2016

    £157,000

    8 Nov 2007

    £154,000

    Key Metrics

    Estimated valuation£188,141
    Value per sq ft / m²£180/sq ft (£1,940/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile55th percentile
    National percentile21st 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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