According to the public record, 22, Wellington Court, Washington is a mid-century leasehold apartment with 1,410 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Wellington Court, Washington, NE37 is located in the borough of Sunderland within the NE37 postal district.
22, Wellington Court, Washington has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated October 2018.
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 22 Wellington Court Washington as £35,526 and the rental value as £262 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 22 Wellington Court Washington has increased by £683 (1.9%) and its rental value has increased by £26 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 22, Wellington Court, Washington is in very good condition we estimate a sale value of £37,302 and rental value of £275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £33,039 and a rental value of £244 per month.
If you were able to purchase this property for the estimated value of £35,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £175 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, 22, Wellington Court, Washington was last sold on 12 Jul 2019 for £29,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Wellington Court, Washington within a radius of 620 metres over the last 2 years.
The most recent example is 14, Wellington Court, Washington, NE37 3DT, a Leasehold flat which sold for £18,500 in Jan 2017.
Read more about house prices in NE37.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Court, Washington, NE37 has a total of 33 addresses. According to our analysis of all the public data, 22, Wellington Court, Washington is the 3rd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in NE37.
22, Wellington Court, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 22, Wellington Court, Washington is Heworth station which is 5.0 kilometres 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 22, Wellington Court, Washington, 45.1% of property is privately rented and 43.1% 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 22, Wellington Court, Washington, 16.9% of residents are recorded as possessing school level qualifications and 13.3% 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 22, Wellington 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 22, Wellington Court, Washington, 0.6% 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 22, Wellington Court, Washington, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.