16 Park Parade

    16, PARK PARADE, SUNDERLAND, SR6 9LU

    This terraced freehold property on Park Parade last sold in April 2023 for £450,000. Based on price growth in the SR6 district since then, its estimated current value is £478,841 — placing it in the 77th percentile nationally and the 91st percentile within SR6. The property covers 221 m² (2,379 sq ft), giving an estimated value of £2,167 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,379 sq ft

    221 m²

    Last Sale Price

    £450,000

    Apr 2023

    Estimated Valuation

    £478,841

    Est. £/sq ft

    £201/sq ft

    £2,167/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area2,379 sq ft (221 m²)
    EPC dateAug 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Apr 2023

    £450,000

    Key Metrics

    Estimated valuation£478,841
    Value per sq ft / m²£201/sq ft (£2,167/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SR6 district percentile91st percentile
    National percentile77th percentile

    District Context — SR6

    SR6 covers Seaham and surrounding areas on the Durham coast, sitting between Sunderland and Hartlepool in the North East. It is a seaside and post-industrial community with a mix of residential neighbourhoods and waterfront heritage.

    Average Property Price - SR6

    £236,565

    23

    National percentile

    Average Net Household Income - SR6

    £35,478

    34

    National percentile

    10-Year Annualised Price Growth - SR6

    2.5%

    15

    National percentile

    10-Year Annualised Rent Growth - SR

    2.9%

    5

    National percentile

    View full analysis for SR6

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