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According to the public record, 4, Drumaldrace, Washington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 669 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Drumaldrace, Washington is £84,417 and the estimated rental value is £471 per month.
Drumaldrace, Washington, NE37 is located in the borough of Sunderland within the NE37 postal district.
4, Drumaldrace, Washington has 31 entries in the Land Registry , most recently in April 2007 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 4 out of 5 and is considered of high 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 4, Drumaldrace, Washington is in very good condition we estimate a sale value of £88,638 and a rental value of £495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,508 and a rental value of £438 per month.
Over the last 12 months the sale value of 4 Drumaldrace Washington has increased by an estimated £489 (0.6%) and its rental value has increased by an estimated £13 per month (2.8%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 4, Drumaldrace, Washington was last sold on 5th April 2007 for £87,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2007, 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 4, Drumaldrace, Washington within a radius of 630 metres over the last 2 years.
The most recent example is 6, Drumaldrace, Washington, NE37 1SR, a leasehold flat which sold for £80,500 on the 28th October 2022.
Read more about house prices in NE37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drumaldrace, Washington, NE37 has a total of 34 addresses. According to our analysis of all the public data, 4, Drumaldrace, Washington is the 5th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in NE37.
The closest station to 4, Drumaldrace, Washington is Heworth station which is 5.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Drumaldrace, Washington, 67.5% of property is socially rented and 15.6% is privately 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 4, Drumaldrace, Washington, 12.8% of residents are recorded as possessing school level qualifications and 14.3% 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 4, Drumaldrace, 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 4, Drumaldrace, Washington, 0.3% 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 4, Drumaldrace, Washington, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
