38 Park Lea

    38, PARK LEA, SUNDERLAND, SR3 3TA

    This detached freehold property on Park Lea last sold in July 2019 for £245,000. Based on price growth in the SR3 district since then, its estimated current value is £290,246 — placing it in the 47th percentile nationally and the 86th percentile within SR3. The property covers 124 m² (1,335 sq ft), giving an estimated value of £2,341 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £245,000

    Jul 2019

    Estimated Valuation

    £290,246

    Est. £/sq ft

    £217/sq ft

    £2,341/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,335 sq ft (124 m²)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2019

    £245,000

    Key Metrics

    Estimated valuation£290,246
    Value per sq ft / m²£217/sq ft (£2,341/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR3 district percentile86th percentile
    National percentile47th 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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