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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Crake Way, Washington is £251,494 and the estimated rental value is £1,082 per month.
Crake Way, Washington, NE38 is located in the borough of Sunderland within the NE38 postal district.
8, Crake Way, Washington has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property 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 8, Crake Way, Washington is in very good condition we estimate a sale value of £264,069 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,890 and a rental value of £1,006 per month.
Over the last 12 months the sale value of 8 Crake Way Washington has increased by an estimated £1,702 (0.7%) and its rental value has increased by an estimated £30 per month (2.8%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 8, Crake Way, Washington sits on a plot of 316m2.
We have plot size data on 47 out of 47 other houses in the postcode and 8, Crake Way, Washington sits on the 11th largest plot.
8, Crake Way, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2023.
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, 8, Crake Way, Washington was last sold on 26th July 2023 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Crake Way, Washington within a radius of 720 metres over the last 2 years.
The most recent example is 8, Waxwing, Washington, NE38 0AJ, a freehold house which sold for £275,000 on the 4th March 2021.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crake Way, Washington, NE38 has a total of 47 addresses. According to our analysis of all the public data, 8, Crake Way, Washington is the largest and the most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in NE38.
The closest station to 8, Crake Way, Washington is Chester-le-Street station which is 4.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Crake Way, Washington, 45.7% of property is privately owned outright and 38.6% 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 8, Crake Way, Washington, 12.4% of residents are recorded as possessing school level qualifications and 21.7% 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 8, Crake Way, Washington, the average age was 43 and the most common age was 67.
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 8, Crake Way, Washington, 0.7% 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 8, Crake Way, Washington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.