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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 18, Lakeside Gardens, Washington to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
18, Lakeside Gardens, Washington has an estimated sale value of £84,411 and an estimated rental value of £480 per month, assuming reasonable condition and based on the information available.
Lakeside Gardens, Washington, NE38 lies in the borough of Sunderland, within the NE38 postal district.
18, Lakeside Gardens, Washington has 4 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 18, Lakeside Gardens, Washington would be worth £88,632, with a potential rental value of £504 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,502, with a rental value of £446 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 18, Lakeside Gardens, Washington has fallen by £1,430 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £6 (1.3%). The property's estimated gross yield is currently 6.8%.
18, Lakeside Gardens, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
18, Lakeside Gardens, Washington last changed hands on 28th February 2024, selling for £77,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 0.1% since February 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 18, Lakeside Gardens, Washington across the last 2 years.
Most recently, 14, Lakeside Gardens, Washington, NE38 8NB, a leasehold flat, sold at £89,950 on the 12th November 2021.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 18, Lakeside Gardens, Washington as the 38th largest and the 38th most expensive of the 41 addresses on Lakeside Gardens, Washington, NE38.
Against the NE38 postcode district average, it is £62k less expensive than the typical property.
Chester-le-Street station is the nearest stop to 18, Lakeside Gardens, Washington at 6.5 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Lakeside Gardens, Washington, 36.6% of property is privately rented and 34.3% is socially rented.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 18, Lakeside Gardens, Washington, 10.3% of residents are recorded as possessing school level qualifications and 20.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Lakeside Gardens, Washington, the average age was 39.5 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 18, Lakeside Gardens, Washington, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 18, Lakeside Gardens, Washington, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
