According to the public record, 19, Franklin Court, Washington is a mid-century leasehold apartment and with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Franklin Court, Washington, NE37 is located in the borough of Sunderland within the NE37 postal district.
19, Franklin Court, Washington has a single entry in the Land Registry database from September 2015 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 19 Franklin Court Washington as £49,168 and the rental value as £364 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 19 Franklin Court Washington has increased by £982 (2.0%) and its rental value has increased by £36 per month (10.0%).
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 19, Franklin Court, Washington is in very good condition we estimate a sale value of £51,626 and rental value of £382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £45,726 and a rental value of £339 per month.
If you were able to purchase this property for the estimated value of £49,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £242 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 19, Franklin Court, Washington was last sold on 03 Sep 2015 for £45,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Franklin Court, Washington within a radius of 76m over the last 2 years.
The most recent example is 13, Burgoyne Court, Washington, NE37 2EG, a Leasehold flat which sold for £48,500 in Sep 2019.
Read more about house prices in NE37.
Franklin Court, Washington, NE37 has a total of 42 addresses. According to our analysis of all the public data, 19, Franklin Court, Washington is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in NE37.
19, Franklin Court, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 19, Franklin Court, Washington is Heworth station which is 4.8 km away.
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 19, Franklin Court, Washington, 37.5% of property is socially rented and 25.8% is privately owned outright.
The graph below shows how this compares to Greater London 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 19, Franklin Court, Washington, 19.8% of residents are recorded as possessing school level qualifications and 12.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 19, Franklin Court, 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 19, Franklin Court, Washington, 1.2% 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 19, Franklin Court, Washington, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.