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Bricks&Logic is a trading name of Urban Markets Ltd
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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According to the public record, 7, The Parade, Washington is a period freehold house with 699 ft2 of internal area and sits on a 69.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Parade, Washington is £100,679 and the estimated rental value is £733 per month.
The Parade, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
7, The Parade, Washington has 31 entries in the Land Registry , most recently in August 2022 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.
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 7, The Parade, Washington is in very good condition we estimate a sale value of £105,712 and a rental value of £769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,631 and a rental value of £682 per month.
Over the last 12 months the sale value of 7 The Parade Washington has increased by an estimated £2,135 (2.1%) and its rental value has increased by an estimated £30 per month (4.1%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 7, The Parade, Washington sits on a plot of 69m2.
We have plot size data on 19 out of 19 other houses in the postcode and 7, The Parade, Washington sits on the 7th largest plot.
7, The Parade, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, The Parade, Washington was last sold on 19th August 2022 for £100,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Parade, Washington within a radius of 560 metres over the last 2 years.
The most recent example is 20, The Parade, Washington, NE38 7DP, a freehold house which sold for £95,000 on the 4th March 2024.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Washington, NE38 has a total of 19 addresses. According to our analysis of all the public data, 7, The Parade, Washington is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in NE38.
The closest station to 7, The Parade, Washington is Chester-le-Street station which is 5.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, The Parade, Washington, 37.9% of property is privately owned with a mortgage and 31.1% 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 7, The Parade, Washington, 20.0% of residents are recorded as possessing school level qualifications and 20.7% 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 7, The Parade, Washington, the average age was 39.5 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 7, The Parade, 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 7, The Parade, Washington, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
