8 Otto Terrace, Sunderland, SR2 7LW is a leasehold flat built between 1930-1949. The property offers approximately 1,399 square feet of living space. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £29,388 , which equates to approximately £21 per square foot. It was last sold on 24 Aug 2012 for £24,000. Since then, the value has increased by £5,388, representing a 22.5% increase, or approximately 1.7% per year.

The current estimated value of £29,388 is:

  • 83.3% lower than the average property price on Otto Terrace
  • 81.0% lower than the average in the SR2 7LW postcode area
  • and 83.7% lower than the average price for Sunderland as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 17 January 2022, the property was recorded as rented.

View sold house prices in SR2 7LW

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
1399 sq ft
Tenure
Leasehold
Price (estimate)
£29,388
Price Per sq ft (estimate)
£21
Bedroom Count (estimate)
5 bedrooms

EPC Summary

8 Otto Terrace, Sunderland, Tyne And Wear, SR2 7LW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Jan 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Dec 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 15.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SR2 7LW

19 th / 20
Price Rank
81% lower than average
14 th / 18
Size Rank
15% smaller than average
18 th / 18
Price Per Sq FT Rank
78% lower than average

Compared to other properties in SR2 7LW , this house's estimated value ranks 19th out of 20. Based on price per square foot, it ranks 18th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 18 properties in its postcode area.

Sale History

Today
£29,388
streetscan.co.uk estimate
+22 %
24 Aug 2012
£24,000
Leasehold
+20 %
22 May 2002
£20,000
Leasehold
0 %
22 May 2002
£20,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 1787 sq ft
sale price: £125,000
sale date: 1 Mar 2021
rooms: 5
size: 1733 sq ft
sale price: £150,000
sale date: 4 Jun 2021
rooms: 6
size: 1356 sq ft
sale price: £47,000
sale date: 30 May 2002
rooms: 5
size: 1268 sq ft
sale price: £109,000
sale date: 20 Dec 2018
rooms: 7
size: 1356 sq ft
sale price: £145,000
sale date: 27 Mar 2024

Data Sources

The property at 8 Otto Terrace, Sunderland, SR2 7LW appears three times in the Land Registry records, with the latest transaction recorded on 24 Aug 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.