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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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48, Banbury, Washington is described in the public record as a mid-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48, Banbury, Washington is £39,943 and its rental estimate is £317 per month, given the available information and assuming reasonable condition.
Banbury, Washington, NE37 falls within the NE37 postal district, in the borough of Sunderland.
48, Banbury, Washington has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48, Banbury, Washington, we estimate a market value of £41,940 and a rental value of £332 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £37,147 and £294 per month respectively.
Over the last year, 48, Banbury, Washington has seen its estimated sale value move down by £677 (1.7%) and its estimated rental value increase by £4 per month (1.3%). This results in an estimated gross rental yield of 9.5%.
48, Banbury, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 48, Banbury, Washington have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2024, was 33, Marlborough Road, Washington, NE37 3BP, a leasehold flat which sold for £36,000.
Read more about house prices in NE37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on Banbury, Washington, NE37, 48, Banbury, Washington comes out as the 54th largest and the 54th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the NE37 district.
From 48, Banbury, Washington, the nearest station is Heworth, 5.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 48, Banbury, Washington, 33.1% of property is privately rented and 25.4% is privately owned outright.
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 48, Banbury, Washington, 18.9% of residents are recorded as possessing school level qualifications and 20.5% 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 48, Banbury, 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 48, Banbury, 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 48, Banbury, 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.
