118, Lumley Close
118, Lumley Close
Description & Estimates
According to the public record, 118, Lumley Close, Washington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 698 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 118, Lumley Close, Washington is £64,381 and the estimated rental value is £449 per month.
Lumley Close, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
Our Data Sources
118, Lumley Close, Washington has 31 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 118, Lumley Close, Washington is in very good condition we estimate a sale value of £67,600 and a rental value of £471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,875 and a rental value of £417 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 118, Lumley Close, Washington has declined by £1,090 (1.7%), while its estimated rental value has climbed by £6 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Sold Prices
According to HM Land Registry, 118, Lumley Close, Washington was last sold on 8th August 2007 for £77,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen by 3.0%.
- Sold Aug 2007£77,000
- Sold Oct 1999£31,628
- Sold Jan 1997£34,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Lumley Close, Washington within a radius of 660 metres over the last 2 years.
The most recent example is 77, Lumley Close, Washington, NE38 0HZ, a leasehold flat which sold for £36,950 on the 29th November 2024.
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
Lumley Close, Washington, NE38 has a total of 109 addresses. According to our analysis of all the public data, 118, Lumley Close, Washington is the 57th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in NE38.
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Schools Nearby
- 300mSt John Boste Catholic Primary School, Washington
- 300mOxclose Primary Academy
- 800mBlackfell Primary School
- 500mOxclose Community Academy
- 1.5kmWashington Academy
- 1.6kmBiddick Academy
More reading links
Public Transport Nearby
The closest station to 118, Lumley Close, Washington is Chester-le-Street station, which is 5.5 kilometres away.
- 5.5kmChester-le-Street
- 5.9kmHeworth
- 8.6kmDunston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
