2 Derwent Terrace, Washington, NE38 7AT is a freehold flat built between 1900-1929. The property offers approximately 635 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £79,736 , which equates to approximately £126 per square foot. It was last sold on 6 May 2022 for £77,000. Since then, the value has increased by £2,736, representing a 3.6% increase, or approximately 1.0% per year.

The current estimated value of £79,736 is:

  • 13.7% lower than the average property price on Derwent Terrace
  • 15.0% lower than the average in the NE38 7AT postcode area
  • and 60.9% lower than the average price for Washington as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 17 February 2023, the property was recorded as rented.

View sold house prices in NE38 7AT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
635 sq ft
Tenure
Freehold
Price (estimate)
£79,736
Price Per sq ft (estimate)
£126
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Derwent Terrace, Washington, Sunderland, Tyne And Wear, NE38 7AT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Feb 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Jan 2017, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 2.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE38 7AT

18 th / 21
Price Rank
15% lower than average
13 th / 15
Size Rank
30% smaller than average
3 rd / 15
Price Per Sq FT Rank
21% higher than average

Compared to other properties in NE38 7AT , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 3rd out of 15 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 13th out of 15 properties in its postcode area.

Sale History

Today
£79,736
streetscan.co.uk estimate
+4 %
6 May 2022
£77,000
Leasehold
+18.5 %
17 Mar 2020
£65,000
Leasehold
+136.4 %
7 Mar 1997
£27,500
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 753 sq ft
sale price: £77,000
sale date: 6 May 2022
rooms: 3
size: 657 sq ft
sale price: £50,000
sale date: 26 Sep 2022
rooms: 3
size: 732 sq ft
sale price: £70,000
sale date: 15 Mar 2024
rooms: 3
size: 775 sq ft
sale price: £57,000
sale date: 4 Mar 2016
rooms: 3
size: 732 sq ft
sale price: £88,000
sale date: 2 Mar 2007

Data Sources

The property at 2 Derwent Terrace, Washington, NE38 7AT appears three times in the Land Registry records, with the latest transaction recorded on 6 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Feb 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.