8 Derwent Terrace, Washington, NE38 7AT is a leasehold flat built between 1900-1929. The property offers approximately 732 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £73,457 , which equates to approximately £100 per square foot. It was last sold on 15 Mar 2024 for £70,000. Since then, the value has increased by £3,457, representing a 4.9% increase, or approximately 2.8% per year.

The current estimated value of £73,457 is:

  • 20.5% lower than the average property price on Derwent Terrace
  • 21.7% lower than the average in the NE38 7AT postcode area
  • and 64.0% lower than the average price for Washington as a whole

At the most recent EPC inspection on 17 April 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
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£73,457
Price Per sq ft (estimate)
£100
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 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 Apr 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 21 Apr 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to NE38 7AT

11 th / 21
Price Rank
22% lower than average
10 th / 15
Size Rank
19% smaller than average
4 th / 15
Price Per Sq FT Rank
3% lower than average

Compared to other properties in NE38 7AT , this flat's estimated value ranks 11th out of 21. Based on price per square foot, it ranks 4th 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 10th out of 15 properties in its postcode area.

Sale History

Today
£73,457
streetscan.co.uk estimate
+5 %
15 Mar 2024
£70,000
Leasehold
0 %
27 Jan 2017
£70,000
Leasehold
-7.3 %
10 Dec 2004
£75,500
Leasehold
+57.3 %
29 Oct 2002
£48,000
Leasehold
+50 %
15 Oct 1999
£32,000
Leasehold
+8.5 %
15 Aug 1997
£29,500
Leasehold
+1.7 %
15 Sep 1995
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

2 Derwent Terrace, Washington, NE38 7AT
rooms: 3
size: 635 sq ft
sale price: £77,000
sale date: 6 May 2022
1 Derwent Terrace, Washington, NE38 7AT
rooms: 3
size: 753 sq ft
sale price: £77,000
sale date: 6 May 2022
36A Derwent Terrace, Washington, NE38 7AT
rooms: 3
size: 807 sq ft
sale price: £75,000
sale date: 25 Mar 2022
16 Derwent Terrace, Washington, NE38 7AT
rooms: 3
size: 753 sq ft
sale price: £39,999
sale date: 3 Jan 2020
12 Derwent Terrace, Washington, NE38 7AT
rooms: 4
size: 764 sq ft
sale price: £61,500
sale date: 13 May 2019

Data Sources

The property at 8 Derwent Terrace, Washington, NE38 7AT appears seven times in the Land Registry records, with the latest transaction recorded on 15 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Apr 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.
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