12 Merrington Close

    12, MERRINGTON CLOSE, SUNDERLAND, SR3 2QE

    This flat/maisonette leasehold property on Merrington Close last sold in December 2015 for £53,000. Based on price growth in the SR3 district since then, its estimated current value is £44,484 — placing it in the 0th percentile nationally and the 2nd percentile within SR3. The property covers 61 m² (657 sq ft), giving an estimated value of £729 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £53,000

    Dec 2015

    Estimated Valuation

    £44,484

    Est. £/sq ft

    £68/sq ft

    £729/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageD
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    2 Dec 2015

    £53,000

    20 Feb 1998

    £33,000

    14 Feb 1997

    £26,000

    Key Metrics

    Estimated valuation£44,484
    Value per sq ft / m²£68/sq ft (£729/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile2nd percentile
    National percentile0th 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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