Sanderling Way, Washington, Tyne and Wear, NE38
By Bridgfords
£ 55,000
Reviews
3 out of 5 stars
Bridgfords says ..
This is an excellent opportunity to get onto the property ladder with a Shared Ownership of 25% of the property the Rent is £382.04 per month and there is a service charge for £52.75 **All potential purchasers must be approved via application to Riverside Home Ownership**
Property Oracle says ..
This three-bedroom semi-detached property in Washington, Tyne and Wear is listed at £55,000. The property benefits from a modern fitted kitchen and bathroom, and appears well-maintained throughout. The images show a good-sized rear garden, adding to its appeal. The location is close to several schools, with Holley Park Academy and Oxclose Community Academy both rated ‘Good’ by Ofsted, and Oxclose Nursery School rated ‘Outstanding’. Transport links are also relatively close by, with Chester-le-Street and Heworth train stations within a reasonable distance.
However, the list price is significantly lower than the average house price in the area (£198,296), and even considering the smaller size of the property (786.63 sqft compared to the average of 826 sqft), the price per sqft is considerably lower than the average (£240). While this could indicate a good value proposition, it’s crucial to investigate the reason for such a low price. Further investigation into the property’s history and any potential issues not immediately apparent from the photos would be recommended before making a purchase decision. The proximity to good schools and transport links are positive factors, but the significant price discrepancy warrants careful consideration.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 9
- Location
- 7
- Land
- 8
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft (est)
- 786.63
- Lot (est)
- 870.80
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 197,600.00 £Increased by 0.12 %
- Est sale value
- 197,444.13 £Increased by 18.40 %
- Average area rental value
- 1,200.00 £/moIncreased by 42.69 %
- Est letting value
- 786.63 £/mo
- Est rental Yield
- 7.29 %Increased by 42.66 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Bridgfords created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Holley Park Academy | Academy Converter | Good | 0.60 KM |
| Oxclose Community Academy | Academy Converter | Good | 1.10 KM |
| Sunderland Children'S Centre Washington (Oxclose) | Children's Centre Linked Site | 1.30 KM | |
| Oxclose Nursery School | Local Authority Nursery School | Outstanding | 1.31 KM |
| Rickleton Primary School | Community School | Good | 1.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Teal Close | £ 0 | 0 | 0.00 KM |
| Kingfisher Road | £ 244,988 | 0 | 0.00 KM |
| A1(M) | £ 155,000 | 0 | 0.00 KM |
| North Street | £ 60,000 | 0 | 0.00 KM |
| Sunderland Highway | £ 77,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester-Le-Street | 7736 | CLS | 4.81 KM |
| Heworth | 7766 | HEW | 6.88 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sanderling Way, Washington, Tyne and Wear, NE38 | £ 55,000 | BUY | 7 / 10 | 0.00 KM |
| Sanderling Way, Ayton Washington | £ 53,750 | BUY | 6 / 10 | 0.00 KM |
| Sanderling Way, Ayton, Washington, Tyne & Wear, NE38 | £ 245,000 | BUY | Unknown | 0.02 KM |
| Kittiwake Drive, Ayton, Washington, NE38 | £ 270,000 | BUY | 6 / 10 | 0.17 KM |
| Kittiwake Drive, Ayton, Washington, NE38 | £ 255,000 | BUY | 6 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Whitethroat Close | £ 89,950 | 0.11 KM |
| 2 Whitethroat Close | £ 185,000 | 0.11 KM |
| 21 Whitethroat Close | £ 79,000 | 0.11 KM |
| 11 Whitethroat Close | £ 215,000 | 0.11 KM |
| 6 Whitethroat Close | £ 215,000 | 0.11 KM |