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Company No. 11113204
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According to the public record, 27, The Spinney, Washington is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,036 ft2 of internal area and sits on a 352 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, The Spinney, Washington is £223,984 and the estimated rental value is £1,024 per month.
The Spinney, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
27, The Spinney, Washington has a single entry in the Land Registry from March 2009 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 3 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 27, The Spinney, Washington is in very good condition we estimate a sale value of £235,183 and a rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,305 and a rental value of £953 per month.
Over the last 12 months the sale value of 27 The Spinney Washington has increased by an estimated £4,750 (2.1%) and its rental value has increased by an estimated £42 per month (4.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 27, The Spinney, Washington sits on a plot of 352m2.
We have plot size data on 30 out of 37 other houses in the postcode and 27, The Spinney, Washington sits on the 3rd largest plot.
According to HM Land Registry, 27, The Spinney, Washington was last sold on 6th March 2009 for £168,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2009, the market for similar properties has risen 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, The Spinney, Washington within a radius of 820 metres over the last 2 years.
The most recent example is 4, The Spinney, Washington, NE38 8RY, a freehold house which sold for £190,000 on the 26th May 2023.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Spinney, Washington, NE38 has a total of 37 addresses. According to our analysis of all the public data, 27, The Spinney, Washington is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in NE38.
The closest station to 27, The Spinney, Washington is Chester-le-Street station which is 5.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, The Spinney, Washington, 60.7% of property is privately owned outright and 28.7% 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 27, The Spinney, Washington, 16.5% of residents are recorded as possessing school level qualifications and 38.3% 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 27, The Spinney, Washington, the average age was 45.9 and the most common age was 62.
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 27, The Spinney, Washington, 0.4% 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 27, The Spinney, 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.
