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4, Gladstone Terrace, Washington is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, Gladstone Terrace, Washington is £39,955 and its rental estimate is £317 per month, given the available information and assuming reasonable condition.
Gladstone Terrace, Washington, NE37 falls within the NE37 postal district, in the borough of Sunderland.
4, Gladstone Terrace, Washington has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 4, Gladstone Terrace, Washington, we estimate a market value of £41,952 and a rental value of £333 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £37,158 and £295 per month respectively.
Over the last year, 4, Gladstone Terrace, Washington has seen its estimated sale value fall by £300 (0.8%) and its estimated rental value move up by £8 per month (2.5%). This results in an estimated gross rental yield of 9.5%.
4, Gladstone Terrace, Washington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Gladstone Terrace, Washington completed on 20th March 2023 at £37,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 81.0% over the period since March 2023.
Over the past 2 years 3 properties similar to 4, Gladstone Terrace, Washington have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 34, Gladstone Terrace, Washington, NE37 3AW, a leasehold flat which sold for £35,000.
Read more about house prices in NE37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 31 addresses on Gladstone Terrace, Washington, NE37, 4, Gladstone Terrace, Washington comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the NE37 district.
From 4, Gladstone Terrace, 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 4, Gladstone Terrace, Washington, 29.1% of property is privately owned outright and 28.2% is socially 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, Gladstone Terrace, Washington, 27.1% of residents are recorded as possessing school level qualifications and 9.8% 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, Gladstone Terrace, Washington, the average age was 39.4 and the most common age was 32.
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, Gladstone Terrace, 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 4, Gladstone Terrace, 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.
