61, CHARTER DRIVE, SUNDERLAND, SR3 3PQ - £177,900

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 CHARTER DRIVE is a midsized extended semi-detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £249,020. It was last sold for £177,900 in February 2017, which was around 64% above the average February 2017 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

61 CHARTER DRIVE Sold Prices

Land registry data shows two sales for 61 CHARTER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 61 CHARTER DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 15 FEB	£177,900	£108,171	64% above HPI
2000 22 MAY	£83,000	£46,392	79% above HPI

61 CHARTER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 61 CHARTER DRIVE sales from May 2000 and February 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2000 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the February 2017 sale, where it falls to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 61 CHARTER DRIVE be worth now?

61 CHARTER DRIVE might now be worth an estimated £249,020.

This is based on house price inflation of 40%, between February 2017 and February 2025, for semi-detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40% inflationary increase is applied to the most recent sale price for 61 CHARTER DRIVE of £177,900 on 15th February 2017. For the value to have increased from £177,900 to £249,020 over the eight years to February 2025, the following assumptions must hold true:

• The value of 61 CHARTER DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The February 2017 sale price of £177,900 represented a fair market value for the property.
• The size, condition, and specification of 61 CHARTER DRIVE has not materially changed since February 2017.

How Large is 61 CHARTER DRIVE?

61 CHARTER DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of semi-detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sunderland, and where 61 CHARTER DRIVE lies on this distribution: 56% of semi-detached houses houses are smaller than 61 CHARTER DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

61 CHARTER DRIVE: Plot and Title Map

61 CHARTER DRIVE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 61 CHARTER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 61 CHARTER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 61 CHARTER DRIVE?

61 CHARTER DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 61 on CHARTER DRIVE.