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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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28, Blencathra, Washington is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 28, Blencathra, Washington is £81,422 and its rental estimate is £486 per month, given the available information and assuming reasonable condition.
Blencathra, Washington, NE37 falls within the NE37 postal district, in the borough of Sunderland.
28, Blencathra, Washington has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated October 2022.
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.
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 28, Blencathra, Washington, we estimate a market value of £85,493 and a rental value of £510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,722 and £452 per month respectively.
Over the last year, 28, Blencathra, Washington has seen its estimated sale value drop by £1,379 (1.7%) and its estimated rental value rise by £6 per month (1.3%). This results in an estimated gross rental yield of 7.2%.
28, Blencathra, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
The most recent sale of 28, Blencathra, Washington completed on 31st January 2007 at £95,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.8% over the period since January 2007.
Over the past 2 years 3 properties similar to 28, Blencathra, Washington have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2023, was 44, Valley Forge, Washington, NE38 7JL, a leasehold flat which sold for £55,000.
Read more about house prices in NE37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 41 addresses on Blencathra, Washington, NE37, 28, Blencathra, Washington comes out as the 16th largest and the 37th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the NE37 district.
From 28, Blencathra, Washington, the nearest station is Heworth, 5.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Blencathra, Washington, 48.8% of property is privately owned outright and 25.6% 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 28, Blencathra, Washington, 8.6% of residents are recorded as possessing school level qualifications and 17.0% 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 28, Blencathra, Washington, the average age was 42.9 and the most common age was 72.
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 28, Blencathra, 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 28, Blencathra, 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.
