Elm Lea, Washington
Elm Lea, Washington
Description & Estimates
Elm Lea, Washington is recorded publicly as a modern freehold house across 1,198 ft2 of internal area, sitting on a 631 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Elm Lea, Washington is £335,827 and its rental estimate is £1,589 per month, given the available information and assuming reasonable condition.
Fatfield Road, Washington, NE38 falls within the NE38 postal district, in the borough of Sunderland.
Our Data Sources
Elm Lea, Washington has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated March 2010.
We combine this information with that 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.
Price Range & Condition
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 Elm Lea, Washington, we estimate a market value of £352,618 and a rental value of £1,668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,319 and £1,478 per month respectively.
Recent Market Change
Over the last year, Elm Lea, Washington has seen its estimated sale value decrease by £1,413 (0.4%) and its estimated rental value grow by £41 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for Elm Lea, Washington as measuring 631 m2.
That makes it the 3rd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
Elm Lea, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Elm Lea, Washington completed on 13th April 2015 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.4% over the period since April 2015.
- Sold Apr 2015£265,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Elm Lea, Washington have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2018, was 3, Park Chare, Washington, NE38 7LH, a freehold house which sold for £220,000.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Fatfield Road, Washington, NE38, Elm Lea, Washington comes out as the 5th largest and the 2nd most expensive in our analysis of the public data.
It is also £190k more expensive than the average property across the NE38 district.
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Schools Nearby
- 400mBiddick Primary School
- 400mJohn F Kennedy Primary School
- 700mWessington Primary School
- 500mBiddick Academy
- 900mSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.5kmWashington Academy
More reading links
Public Transport Nearby
From Elm Lea, Washington, the nearest station is Chester-le-Street, 6.0 kilometres away.
- 6.0kmChester-le-Street
- 6.7kmHeworth
- 8.7kmSunderland
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
