1, Nelson Street
1, Nelson Street
Description & Estimates
1, Nelson Street, Washington is recorded publicly as a period freehold house across 635 ft2 of internal area, sitting on a 129 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Nelson Street, Washington is £100,076 and its rental estimate is £736 per month, given the available information and assuming reasonable condition.
Nelson Street, Washington, NE38 falls within the NE38 postal district, in the borough of Sunderland.
Our Data Sources
1, Nelson Street, Washington has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Nelson Street, Washington, we estimate a market value of £105,080 and a rental value of £773 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,071 and £685 per month respectively.
Recent Market Change
Over the last year, 1, Nelson Street, Washington has seen its estimated sale value move up by £568 (0.6%) and its estimated rental value increase by £28 per month (3.9%). This results in an estimated gross rental yield of 8.8%.
Plot Size
HM Land Registry records the plot of land for 1, Nelson Street, Washington as measuring 129 m2.
That makes it the largest plot in the postcode, where 44 of the 45 other houses have recorded plot data.
Energy Efficiency
1, Nelson Street, Washington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Nelson Street, Washington completed on 29th October 2021 at £115,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 23.3% over the period since October 2021.
- Sold Oct 2021£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Nelson Street, Washington have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2022, was 25, Nelson Street, Washington, NE38 7AU, a freehold house which sold for £88,500.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Nelson Street, Washington, NE38, 1, Nelson Street, Washington comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the NE38 district.
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Schools Nearby
- 200mJohn F Kennedy Primary School
- 600mBarmston Village Primary School
- 700mBiddick Primary School
- 700mBiddick Academy
- 1.1kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.5kmWashington Academy
More reading links
Public Transport Nearby
From 1, Nelson Street, Washington, the nearest station is Chester-le-Street, 6.3 kilometres away.
- 6.3kmChester-le-Street
- 6.7kmHeworth
- 8.4kmSunderland
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
