According to the public record, 43, Laurens Court, Washington is a mid-century leasehold apartment and with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Laurens Court, Washington, NE37 is located in the borough of Sunderland within the NE37 postal district.
43, Laurens Court, Washington has 2 entries in the Land Registry database, most recently in April 2023 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 43 Laurens Court Washington as £57,515 and the rental value as £394 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 43 Laurens Court Washington has increased by £1,106 (1.9%) and its rental value has increased by £39 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 43, Laurens Court, Washington is in very good condition we estimate a sale value of £60,390 and rental value of £414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,489 and a rental value of £367 per month.
If you were able to purchase this property for the estimated value of £57,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £283 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, 43, Laurens Court, Washington was last sold on 17 Apr 2023 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Laurens Court, Washington within a radius of 409m 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.
Laurens Court, Washington, NE37 has a total of 77 addresses. According to our analysis of all the public data, 43, Laurens Court, Washington is the 60th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE37.
43, Laurens Court, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2022.
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 43, Laurens Court, Washington is Heworth station which is 5.0 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 43, Laurens Court, Washington, 38.8% of property is socially rented and 25.9% is privately rented.
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 43, Laurens Court, Washington, 12.4% of residents are recorded as possessing school level qualifications and 14.8% 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 43, Laurens 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 43, Laurens Court, Washington, 0.0% 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 43, Laurens Court, Washington, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.