2 Merrion Close

    2, MERRION CLOSE, SUNDERLAND, SUNDERLAND, SR3 2QP

    This semi-detached leasehold property on Merrion Close last sold in July 2002 for £93,000. Based on price growth in the SR3 district since then, its estimated current value is £218,631 — placing it in the 29th percentile nationally and the 67th percentile within SR3. The property covers 51 m² (549 sq ft), giving an estimated value of £4,287 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £93,000

    Jul 2002

    Estimated Valuation

    £218,631

    Est. £/sq ft

    £398/sq ft

    £4,287/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateJul 2017
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2002

    £93,000

    Key Metrics

    Estimated valuation£218,631
    Value per sq ft / m²£398/sq ft (£4,287/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile67th percentile
    National percentile29th 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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