Mares Close - NE23 7ED
Key Postcode Insights
NE23 7ED is a residential postcode situated on Mares Close, Seghill, Cramlington, NE23 with 6 addresses.
It ranks as the 133rd largest and 845th most expensive of the 980 postcodes in the NE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £277,690
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,450pcm
- 10 Year change
- up 62.2%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
NE23 7ED is a residential postcode situated on Mares Close, Seghill, Cramlington, NE23 with 6 addresses.
It ranks as the 133rd largest and 845th most expensive of the 980 postcodes in the NE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £277,690
- 10 Year change
- up 38.2%
- Ave. Rental Price
- £1,450pcm
- 10 Year change
- up 62.2%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin NE23 7ED
- Sarahs Cottage
3 Bed Modern House
- 1 Mares Close
House
- 2 Mares Close
3 Bed House
- 3 Mares Close
4 Bed Period House
- 4 Mares Close
4 Bed Modern House
Sales Market Trends
The last sale in NE23 7ED sold for £265,000 on 26th August 2021. Since then prices are up an average of 22.6%.
The current average value in the postcode is £277,690.
The NE23 7ED Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £277,690 |
| June 2025 | 3.8% | £271,353 |
| June 2024 | 2.3% | £261,479 |
| June 2023 | 3.8% | £255,614 |
| June 2022 | 9.8% | £246,361 |
| June 2021 | 6.7% | £224,467 |
| June 2020 | 0.9% | £210,324 |
| June 2019 | 1.2% | £208,393 |
| June 2018 | 2.2% | £205,924 |
| June 2017 | 0.2% | £201,424 |
| June 2016 | 3.4% | £200,989 |
| June 2015 | 3% | £194,364 |
| June 2014 | 4.1% | £188,731 |
| June 2013 | 1.3% | £181,372 |
| June 2012 | 0% | £179,066 |
| June 2011 | -2.6% | £178,986 |
| June 2010 | 4.5% | £183,746 |
| June 2009 | -7.8% | £175,768 |
| June 2008 | -1.9% | £190,547 |
| June 2007 | 0% | £194,146 |
Rental Market Trends
The current average rental value in the postcode is £1,450.
The NE23 7ED Rental Market has increased by 62.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,450pcm |
| June 2025 | 5.8% | £1,415pcm |
| June 2024 | 8.6% | £1,338pcm |
| June 2023 | 9.5% | £1,232pcm |
| June 2022 | 11.3% | £1,125pcm |
| June 2021 | 7.9% | £1,010pcm |
| June 2020 | 1.3% | £937pcm |
| June 2019 | 1.5% | £924pcm |
| June 2018 | 0.8% | £911pcm |
| June 2017 | 1% | £903pcm |
| June 2016 | 1.9% | £894pcm |
| June 2015 | 1.4% | £878pcm |
| June 2014 | 2.2% | £866pcm |
| June 2013 | 0.2% | £847pcm |
| June 2012 | -0.8% | £846pcm |
| June 2011 | -0.4% | £852pcm |
| June 2010 | 5% | £856pcm |
| June 2009 | -3.2% | £815pcm |
| June 2008 | 1% | £842pcm |
| June 2007 | 0% | £834pcm |
Sales History
The last sale was on 26th August 2021 for £265,000 and since then the market in the area has increased by 22.6%. The postcode has had a total of 8 sales since 1995.
NE23 7ED has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2021£265,000 | 4 Bed House5, Mares Close, Cramlington, NE23 7ED5, Mares Close, Cramlington, NE23 7ED
- Sold Apr 2017£277,500 | 4 Bed House3, Mares Close, Cramlington, NE23 7ED3, Mares Close, Cramlington, NE23 7ED
- Sold Feb 2017£235,000 | 4 Bed House5, Mares Close, Cramlington, NE23 7ED5, Mares Close, Cramlington, NE23 7ED
- Sold Feb 2009£200,865 | 4 Bed House5, Mares Close, Cramlington, NE23 7ED5, Mares Close, Cramlington, NE23 7ED
- Sold Jul 2007£204,000 | 3 Bed House2, Mares Close, Cramlington, NE23 7ED2, Mares Close, Cramlington, NE23 7ED
Nearby Postcodes
NE23 7ED is the 133rd largest and the 845th most expensive postcode out of the 980 postcodes in the NE23 area.
- NE23 7EA, Mares Close, Seghill, Cramlington, NE23NE23 7EA12 Addresses|90 m away
- NE23 7EX, Trinity Grove, Seghill, Cramlington, NE23NE23 7EX30 Addresses|292 m away
- NE23 7RS, Whiteford Place, Seghill, Cramlington, NE23NE23 7RS18 Addresses|356 m away
- NE23 7ER, Deneside, Seghill, Cramlington, NE23NE23 7ER40 Addresses|362 m away
- NE23 7TU, Hatfield Drive, Seghill, Cramlington, NE23NE23 7TU36 Addresses|423 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- period house (2)
- modern house (2)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (2)
- C (1)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold May 2026£380,000 | 4 Bed HouseGarden House, The Barns, Mares Close, Cramlington, NE23 7EAGarden House, The Barns, Mares Close, Cramlington, NE23 7EA
- Sold Mar 2009£337,500 | 5 Bed HouseFieldview Barn, The Barns, Mares Close, Cramlington, NE23 7EAFieldview Barn, The Barns, Mares Close, Cramlington, NE23 7EA
- Sold Nov 2013£335,000 | 5 Bed HouseFieldview Barn, The Barns, Mares Close, Cramlington, NE23 7EAFieldview Barn, The Barns, Mares Close, Cramlington, NE23 7EA
Schools Nearby
- Seaton Delaval First School600 m away
- Seghill First School1.0 km away
- New Hartley First School2.1 km away
- Seaton Valley High School1.3 km away
- Cramlington Learning Village3.2 km away
- George Stephenson High School4.3 km away
More reading links
Public Transport Nearby
The closest station to NE23 7ED is Seaton Delaval station, which is 800 metres away.
- Seaton Delaval|800 m away
- Newsham|4.0 km away
- Cramlington|4.1 km away
- Northumberland Park (Tyne & Wear)|4.3 km away
