3 Matfen Drive

    3, MATFEN DRIVE, SUNDERLAND, SR3 2QQ

    This semi-detached leasehold property on Matfen Drive last sold in June 2017 for £129,000. Based on price growth in the SR3 district since then, its estimated current value is £160,856 — placing it in the 15th percentile nationally and the 46th percentile within SR3. The property covers 77 m² (829 sq ft), giving an estimated value of £2,089 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £129,000

    Jun 2017

    Estimated Valuation

    £160,856

    Est. £/sq ft

    £194/sq ft

    £2,089/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2017

    £129,000

    Key Metrics

    Estimated valuation£160,856
    Value per sq ft / m²£194/sq ft (£2,089/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile46th percentile
    National percentile15th 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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