1 Launceston Drive

    1, LAUNCESTON DRIVE, SUNDERLAND, SR3 3QD

    This semi-detached leasehold property on Launceston Drive last sold in April 2024 for £145,000. Based on price growth in the SR3 district since then, its estimated current value is £145,346 — placing it in the 11th percentile nationally and the 40th percentile within SR3. The property covers 55 m² (592 sq ft), giving an estimated value of £2,643 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £145,000

    Apr 2024

    Estimated Valuation

    £145,346

    Est. £/sq ft

    £246/sq ft

    £2,643/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMar 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Apr 2024

    £145,000

    26 Sept 2013

    £115,000

    Key Metrics

    Estimated valuation£145,346
    Value per sq ft / m²£246/sq ft (£2,643/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile40th percentile
    National percentile11th 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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