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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
According to the public record, 2, Wheatear Close, Washington is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wheatear Close, Washington is £60,688 and the estimated rental value is £349 per month.
Wheatear Close, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
2, Wheatear Close, Washington has 41 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 2, Wheatear Close, Washington is in very good condition we estimate a sale value of £63,723 and a rental value of £367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,440 and a rental value of £325 per month.
Over the last 12 months the sale value of 2 Wheatear Close Washington has increased by an estimated £429 (0.7%) and its rental value has increased by an estimated £10 per month (2.8%), giving an expected gross yield of 6.9%.
2, Wheatear Close, Washington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Wheatear Close, Washington was last sold on 12th June 2024 for £58,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2024, the market for similar properties has dropped 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wheatear Close, Washington within a radius of 720 metres over the last 2 years.
The most recent example is 4, Wheatear Close, Washington, NE38 0DH, a leasehold flat which sold for £63,000 on the 1st April 2022.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatear Close, Washington, NE38 has a total of 17 addresses. According to our analysis of all the public data, 2, Wheatear Close, Washington is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NE38.
The closest station to 2, Wheatear Close, Washington is Chester-le-Street station which is 4.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Wheatear Close, Washington, 42.2% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 2, Wheatear Close, Washington, 9.3% of residents are recorded as possessing school level qualifications and 31.2% 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 2, Wheatear Close, Washington, the average age was 43 and the most common age was 67.
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 2, Wheatear Close, Washington, 0.7% 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 2, Wheatear Close, Washington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
