Medway Place - NE23 3GQ
Key Street Insights
Medway Place is a residential street with 34 addresses.
It ranks as the 472nd largest and 391st most expensive of the 682 streets in the NE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 20 houses, 4 flats and 10 other properties.
- Ave. Sale Price
- £195,560
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,235pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Street Insights
Medway Place is a residential street with 34 addresses.
It ranks as the 472nd largest and 391st most expensive of the 682 streets in the NE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 34 properties: 20 houses, 4 flats and 10 other properties.
- Ave. Sale Price
- £195,560
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,235pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Properties on Medway Place, Cramlington, NE23
- 1 Medway Place
3 Bed Modern House
- 2 Medway Place
House
- 3 Medway Place
3 Bed Modern House
- 4 Medway Place
House
- 5 Medway Place
House
Sales Market Trends
The last sale on Medway Place sold for £167,500 on 13th February 2026. Since then prices are up an average of 2.5%.
The current average value in the street is £195,560.
The Medway Place Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.5% | £195,560 |
| July 2025 | 2.5% | £190,789 |
| July 2024 | 1.1% | £186,211 |
| July 2023 | 4.3% | £184,122 |
| July 2022 | 7.9% | £176,561 |
| July 2021 | 4.5% | £163,574 |
| July 2020 | 2% | £156,574 |
| July 2019 | 1.2% | £153,508 |
| July 2018 | 0.7% | £151,638 |
| July 2017 | -1.5% | £150,595 |
| July 2016 | 2.3% | £152,908 |
| July 2015 | 3.1% | £149,504 |
| July 2014 | 3% | £144,991 |
| July 2013 | 1.9% | £140,757 |
| July 2012 | 0.6% | £138,083 |
| July 2011 | -4.1% | £137,239 |
| July 2010 | 3.1% | £143,036 |
| July 2009 | -6.5% | £138,715 |
| July 2008 | -4.6% | £148,310 |
| July 2007 | 0% | £155,479 |
Rental Market Trends
The current average rental value in the street is £1,235.
The Medway Place Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.4% | £1,235pcm |
| July 2025 | 4.4% | £1,195pcm |
| July 2024 | 8.7% | £1,145pcm |
| July 2023 | 9.2% | £1,053pcm |
| July 2022 | 11.6% | £964pcm |
| July 2021 | 6.9% | £864pcm |
| July 2020 | 1.9% | £809pcm |
| July 2019 | 1.5% | £794pcm |
| July 2018 | -0.2% | £782pcm |
| July 2017 | 0.9% | £784pcm |
| July 2016 | 1.4% | £777pcm |
| July 2015 | 1.4% | £766pcm |
| July 2014 | 2.1% | £755pcm |
| July 2013 | -0.1% | £740pcm |
| July 2012 | -1.3% | £740pcm |
| July 2011 | -0.6% | £750pcm |
| July 2010 | 4.9% | £755pcm |
| July 2009 | -2% | £720pcm |
| July 2008 | -1.4% | £735pcm |
| July 2007 | 0% | £745pcm |
Sales History
The last recorded sale was on 13th February 2026 for £167,500 and since then the market in the area has increased by 2.5%.
Medway Place, Cramlington, NE23 has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Feb 2026£167,500 | 2 Bed House29, Medway Place, Cramlington, NE23 3GQ29, Medway Place, Cramlington, NE23 3GQ
- Sold Sep 2025£170,000 | 2 Bed House25, Medway Place, Cramlington, NE23 3GQ25, Medway Place, Cramlington, NE23 3GQ
- Sold Jul 2025£172,000 | 3 Bed House30, Medway Place, Cramlington, NE23 3GQ30, Medway Place, Cramlington, NE23 3GQ
Top 3 Most Expensive Sales
- Sold Mar 2025£225,000 | 3 Bed House16, Medway Place, Cramlington, NE23 3GQ16, Medway Place, Cramlington, NE23 3GQ
- Sold Mar 2023£202,000 | 3 Bed House3, Medway Place, Cramlington, NE23 3GQ3, Medway Place, Cramlington, NE23 3GQ
- Sold Jun 2023£202,000 | 3 Bed House36, Medway Place, Cramlington, NE23 3GQ36, Medway Place, Cramlington, NE23 3GQ
Nearby Streets
Medway Place, Cramlington, NE23 is the 472nd largest and the 391st most expensive street in the NE23 area.
- Millbrook Road, Cramlington, NE2339 Addresses|92 m away
- Albion Way, Shankhouse, Cramlington, NE234 Addresses|115 m away
- Lapford Drive, Cramlington, NE2346 Addresses|160 m away
- Hastings Terrace, Shankhouse, Cramlington, NE2330 Addresses|164 m away
- Albion Terrace, Shankhouse, Cramlington, NE234 Addresses|168 m away
- Langton Drive, Cramlington, NE2323 Addresses|168 m away
Property Types
- 20 modern houses built after 1980
- 3 modern flats built after 1980
- 1 flat of an unknown age
- 10 other addresses of unknown type
- modern house (20)
- modern flat (3)
- flat (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (15)
- G (0)
- D (8)
- No EPC (11)
Schools Nearby
- Eastlea Primary School500 m away
- Cramlington Village Primary School800 m away
- Burnside Primary School800 m away
- Cramlington Learning Village2.9 km away
- The Blyth Academy3.1 km away
- Seaton Valley High School4.1 km away
More reading links
Public Transport Nearby
The closest station to Medway Place, Cramlington, NE23 - NE23 3GQ is Cramlington station, which is 2.2 kilometres away.
- Cramlington|2.2 km away
- Newsham|3.0 km away
- Blyth Bebside|3.2 km away