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According to the public record, 5, Grasmere Terrace, Washington is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,008 ft2 of internal area and sits on a 165 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Grasmere Terrace, Washington is £142,134 and the estimated rental value is £902 per month.
Grasmere Terrace, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
5, Grasmere Terrace, Washington has a single entry in the Land Registry from January 2024 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 5, Grasmere Terrace, Washington is in very good condition we estimate a sale value of £149,240 and a rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,184 and a rental value of £839 per month.
Over the last 12 months the sale value of 5 Grasmere Terrace Washington has increased by an estimated £306 (0.2%) and its rental value has increased by an estimated £30 per month (3.4%), giving an expected gross yield of 7.6%.
According to data from HM Land Registry, 5, Grasmere Terrace, Washington sits on a plot of 165m2.
We have plot size data on 29 out of 30 other houses in the postcode and 5, Grasmere Terrace, Washington sits on the 17th largest plot.
According to HM Land Registry, 5, Grasmere Terrace, Washington was last sold on 22nd January 2024 for £150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has dropped 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grasmere Terrace, Washington within a radius of 560 metres over the last 2 years.
The most recent example is 19, Grasmere Terrace, Washington, NE38 7LP, a freehold house which sold for £114,000 on the 2nd August 2023.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Terrace, Washington, NE38 has a total of 30 addresses. According to our analysis of all the public data, 5, Grasmere Terrace, Washington is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in NE38.
The closest station to 5, Grasmere Terrace, Washington is Chester-le-Street station which is 6.3 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 5, Grasmere Terrace, Washington, 40.8% of property is socially rented and 24.2% 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 5, Grasmere Terrace, Washington, 13.3% of residents are recorded as possessing school level qualifications and 30.1% 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 5, Grasmere Terrace, Washington, the average age was 45 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 5, Grasmere 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 5, Grasmere 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.
