28, Lakeside Gardens
28, Lakeside Gardens
Description & Estimates
The public record lists 28, Lakeside Gardens, Washington as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 662 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
28, Lakeside Gardens, Washington has an estimated sale value of £86,373 and an estimated rental value of £491 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.
Our Data Sources
28, Lakeside Gardens, Washington has 2 entries in the Land Registry , most recently in October 2019 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.
Price Range & Condition
In very good condition, we estimate 28, Lakeside Gardens, Washington would be worth £90,692, with a potential rental value of £515 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £80,327, with a rental value of £456 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 28, Lakeside Gardens, Washington has fallen by £1,463 (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%.
Sold Prices
28, Lakeside Gardens, Washington last changed hands on 25th October 2019, selling for £76,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 11.3% since October 2019.
- Sold Oct 2019£76,000
- Sold Apr 2007£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 28, Lakeside Gardens, Washington across the last 2 years.
Most recently, 18, Lakeside Gardens, Washington, NE38 8NB, a leasehold flat, sold at £77,000 on the 28th February 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
Our analysis of the public data ranks 28, Lakeside Gardens, Washington as the 31st largest and the 31st most expensive of the 41 addresses on Lakeside Gardens, Washington, NE38.
Against the NE38 postcode district average, it is £60k less expensive than the typical property.
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Schools Nearby
- 600mJohn F Kennedy Primary School
- 600mBarmston Village Primary School
- 1.2kmBiddick Primary School
- 1.0kmBiddick Academy
- 1.4kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.8kmWashington Academy
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 28, Lakeside Gardens, Washington at 6.5 kilometres away.
- 6.5kmChester-le-Street
- 7.0kmHeworth
- 7.9kmSunderland
Available Internet Speeds
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.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
