Norwich Way - NE23 1RA
Key Postcode Insights
NE23 1RA is a residential postcode situated on Norwich Way, Cramlington, NE23 with 6 addresses.
It ranks as the 119th largest and 260th most expensive of the 980 postcodes in the NE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £130,389
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £962pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Key Postcode Insights
NE23 1RA is a residential postcode situated on Norwich Way, Cramlington, NE23 with 6 addresses.
It ranks as the 119th largest and 260th most expensive of the 980 postcodes in the NE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £130,389
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £962pcm
- 10 Year change
- up 68.2%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 8.9%/year/yr
Explore Propertiesin NE23 1RA
- 1 Norwich Way
3 Bed Mid-century House
- 2 Norwich Way
House
- 3 Norwich Way
3 Bed Mid-century House
- 4 Norwich Way
House
- 5 Norwich Way
House
Sales Market Trends
The last sale in NE23 1RA sold for £80,750 on 10th November 2023. Since then prices are up an average of 9.0%.
The current average value in the postcode is £130,389.
The NE23 1RA Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £130,389 |
| June 2025 | 3.8% | £126,223 |
| June 2024 | 1.6% | £121,554 |
| June 2023 | 4.1% | £119,632 |
| June 2022 | 9.3% | £114,941 |
| June 2021 | 5.5% | £105,180 |
| June 2020 | 1.4% | £99,660 |
| June 2019 | 1.1% | £98,263 |
| June 2018 | 1.7% | £97,222 |
| June 2017 | -1.2% | £95,586 |
| June 2016 | 2.7% | £96,788 |
| June 2015 | 3.1% | £94,247 |
| June 2014 | 3.3% | £91,418 |
| June 2013 | 1% | £88,486 |
| June 2012 | 2.3% | £87,640 |
| June 2011 | -4.7% | £85,672 |
| June 2010 | 3.8% | £89,907 |
| June 2009 | -7.6% | £86,589 |
| June 2008 | -3.4% | £93,699 |
| June 2007 | 0% | £97,024 |
Rental Market Trends
The current average rental value in the postcode is £962.
The NE23 1RA Rental Market has increased by 68.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £962pcm |
| June 2025 | 6.6% | £932pcm |
| June 2024 | 8.1% | £875pcm |
| June 2023 | 10% | £809pcm |
| June 2022 | 12.8% | £736pcm |
| June 2021 | 7.5% | £653pcm |
| June 2020 | 2.4% | £607pcm |
| June 2019 | 1.9% | £593pcm |
| June 2018 | 0.2% | £582pcm |
| June 2017 | 1.5% | £581pcm |
| June 2016 | 0.9% | £572pcm |
| June 2015 | 1.9% | £567pcm |
| June 2014 | 1.8% | £556pcm |
| June 2013 | -0.3% | £547pcm |
| June 2012 | -1% | £548pcm |
| June 2011 | -1.2% | £553pcm |
| June 2010 | 4.8% | £560pcm |
| June 2009 | -1.7% | £535pcm |
| June 2008 | -1.1% | £544pcm |
| June 2007 | 0% | £550pcm |
Sales History
The last sale was on 10th November 2023 for £80,750 and since then the market in the area has increased by 9.0%. The postcode has had a total of 3 sales since 1995.
NE23 1RA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£80,750 | 3 Bed House1, Norwich Way, Cramlington, NE23 1RA1, Norwich Way, Cramlington, NE23 1RA
- Sold Jun 2006£128,500 | 3 Bed House3, Norwich Way, Cramlington, NE23 1RA3, Norwich Way, Cramlington, NE23 1RA
- Sold Mar 2006£125,000 | 3 Bed House3, Norwich Way, Cramlington, NE23 1RA3, Norwich Way, Cramlington, NE23 1RA
Nearby Postcodes
NE23 1RA is the 119th largest and the 260th most expensive postcode out of the 980 postcodes in the NE23 area.
- NE23 1RB, Norwich Way, Cramlington, NE23NE23 1RB18 Addresses|89 m away
- NE23 1RL, Newlyn Drive, Cramlington, NE23NE23 1RL13 Addresses|104 m away
- NE23 1EN, Station Road, Seghill, Cramlington, NE23NE23 1EN23 Addresses|151 m away
- NE23 1AX, West Farm Court, Cramlington, NE23NE23 1AX15 Addresses|155 m away
- NE23 1RD, Nayland Road, Cramlington, NE23NE23 1RD8 Addresses|166 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Apr 2023£180,000 | 3 Bed House8, Norwich Way, Cramlington, NE23 1RB8, Norwich Way, Cramlington, NE23 1RB
- Sold Jun 2020£175,000 | 4 Bed House12, Norwich Way, Cramlington, NE23 1RB12, Norwich Way, Cramlington, NE23 1RB
- Sold Jul 2020£175,000 | 4 Bed House12, Norwich Way, Cramlington, NE23 1RB12, Norwich Way, Cramlington, NE23 1RB
Schools Nearby
- Cramlington Shanklea Primary School300 m away
- Burnside Primary School900 m away
- Hareside Primary School900 m away
- Cramlington Learning Village1.3 km away
- North Gosforth Academy3.9 km away
- Seaton Valley High School4.3 km away
More reading links
Public Transport Nearby
The closest station to NE23 1RA is Cramlington station, which is 700 metres away.
- Cramlington|700 m away
- Seaton Delaval|3.5 km away
- Newsham|4.3 km away
- Blyth Bebside|4.7 km away
