Terraced
1098 sq ft
1%
PROPERTY VALUATION
£
Last sold: December 2023
INVESTMENT PERFORMANCE
Investment return: N/A
PRICE CHANGE
£1,000
Percentage change: +1%
REFINE VALUATION
Property summary Last updated: 05/06/2024
Last updated: 05/06/2024
43 Gladstone Street, Sunderland is a terraced house spread over 1,098 square feet, making it one of the bigger properties here - it is ranked as the 9th most expensive property* in SR6 0HZ, with a valuation of £106,000.
Since it last sold in December 2023 for £105,000, its value has increased by £1,000.
Terraced houses across SR6 0 have been selling for £148 per square foot.
Stunning value location Bigger than average
We expect this property to be in a reasonable condition based on its price per square foot; it is currently valued at £96 per square foot.
- This property is the most recently recorded sale in SR6 0HZ.
- The average current property value here is £90,000.
- 7 properties have sold in SR6 0HZ over the last 5 years.
- 35 terraced houses have sold at an average price of £147,000 in SR6 0 over the last 12 months.
Recent sales
Searching for recent sales near here
1%
This property has increased in price by 1% since it last sold 6 months ago.
18%
This property is 18% more expensive than average in Gladstone Street, SR6 0HZ.
Sale history
The most paid for a property in Gladstone Street, SR6 0HZ was £128,500 in 2012.
Why is The Move Market valuation less than my estate agents valuation?
| Date | Price | Change |
|---|---|---|
| Today's value* | £106,000 | 1.0% |
| 13 Dec 2023 | £105,000 | - |
The local market - Gladstone Street, SR6 0HZ
- The average property value here is £90,000.
- Valuations range from £28,000 to £168,000.
- Gladstone Street has 4 postcodes associated with it.
- The average price of property in Gladstone Street is £94,415.
- Property in Gladstone Street typically sells for between £79 and £107 per square foot.
- Properties in Gladstone Street are currently valued at an average cost per square foot of £93.
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What home improvements will add the most value?
Valuation details
Since 43 Gladstone Street last sold 6 months ago, it has increased in price by 1.0%.
At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 51 out of 100.
On a cost per square foot basis, this property is valued at 4% less than the other houses in this postcode.
Essential info
- Freehold terraced house
- 1,098 square feet
- 17% bigger than the average property in this postcode
- 18% more expensive than the average here
This property is currently valued at £96 per square foot - the average cost per square foot for this postcode is £100.
A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £122,000.
SOLD PRICES SALES GRAPH
Essential buying details
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Built between 1900 and 1929, the property has sold once over the last 29 years.
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If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £98k and £114k.
-
This property only has one recorded sale so it doesn't have a historic investment return or rating yet.
| Property | Valuation | ||
|---|---|---|---|
| 78A Gladstone Street, Sunderland 581 sq.ft. | £28,000(+4% since 2023) | ||
| 74 Gladstone Street, Sunderland 678 sq.ft. | £40,000(+0% since 2022) | ||
 | 74A Gladstone Street, Sunderland 2 bed | 689 sq. ft. | £45,000(+13% since 2018) | |
 | 49 Gladstone Street, Sunderland 3 bed | 1098 sq. ft. | £97,000(+2% since 2020) | |
 | 47 Gladstone Street, Sunderland 3 bed | 947 sq. ft. | £99,000(+5% since 2021) | |
| 43 Gladstone Street, Sunderland 1098 sq.ft. | £106,000(+1% since 2023) | ||
 | 71 Gladstone Street, Sunderland 3 bed | 1033 sq. ft. | £118,000(+22% since 2020) | |
| 59 Gladstone Street, Sunderland 1292 sq.ft. | £125,000(+4% since 2020) |
Expected property condition
For this property to sell at £106k, we expect this property to be in a similar condition to the neighbouring properties in the road.
At this sale price, this property has a cost per square foot of £96 - this is comparable to the other properties in the road (which have an average cost per square foot coming in at £93).
The property condition is forecast based on the cost per square foot valuation when compared to other properties in the road.
Refurbishment
Fully refurbished valuation
£113k
Low end expectation
£131k
High end potential
If 43 Gladstone Street, Sunderland was previously purchased in a poor state of repair and then refurbished throughout, we would expect it to sit within a new price range starting at £113,000 and possibly fetching up to £131,000.
See how home improvements can increase the value of this property.
Update valuation
How do we calculate valuations?
Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.
The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.
In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.
If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.
What makes a property more desirable?
A number of things can make a property more desirable and sell for more money per square foot than others in the area.
Some of the things that can cause a property to be worth more per square foot include:
- Good school catchment area
- Good transport links
- Bigger garden
- Offstreet parking and garages
- High quality architectural designs (a.k.a pretty houses!)
- Good quality home improvements
Where do we get our data?
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
- HM Land Registry
- Ordnance Survey
- Department for Levelling Up, Housing & Communities
- Royal Mail
- Estate agents
- Property listings
Licenses, disclaimers and further notes
* Excluding properties that we've been unable to calculate a valuation for.
** Excludes property transactions that occurred before 1995.
Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.
Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.
