NE23 8GS is a residential postcode situated on Holly Way, West Meadows, Cramlington, NE23 with 22 addresses.
It ranks as the 627th largest and 757th most expensive of the 979 postcodes in the NE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
NE23 8GS is a residential postcode situated on Holly Way, West Meadows, Cramlington, NE23 with 22 addresses.
It ranks as the 627th largest and 757th most expensive of the 979 postcodes in the NE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
Sale prices range from £220,360 for 3 bedroom freehold houses with a garden (796 ft2) to £279,084 for 4 bedroom freehold houses with a garden (1,194 ft2) .
Monthly rental prices range from £1,434 pcm for 3 bed houses to £1,723 pcm for 4 bed houses.
The gross rental yield is between 7.4% and 7.8%.
The average value per square foot is £245.
The last sale in NE23 8GS sold for £188,347 on 29th November 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £245,863.
The NE23 8GS Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £245,863 |
| April 2025 | 3.5% | £244,273 |
| April 2024 | 1.3% | £236,030 |
| April 2023 | 5% | £232,936 |
| April 2022 | 8.4% | £221,784 |
| April 2021 | 4.3% | £204,534 |
| April 2020 | 1.7% | £196,031 |
| April 2019 | 0.9% | £192,796 |
| April 2018 | 1.6% | £191,091 |
| April 2017 | 0% | £188,023 |
| April 2016 | 2.9% | £187,986 |
| April 2015 | 3.2% | £182,692 |
| April 2014 | 4.1% | £177,103 |
| April 2013 | 3.2% | £170,175 |
| April 2012 | 0.8% | £164,870 |
| April 2011 | -3.5% | £163,629 |
| April 2010 | 2.9% | £169,613 |
| April 2009 | -8.9% | £164,816 |
| April 2008 | 0.1% | £180,875 |
| April 2007 | 0% | £180,741 |
The current average rental value in the postcode is £1,551.
The NE23 8GS Rental Market has increased by 74.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,551pcm |
| April 2025 | 8.3% | £1,515pcm |
| April 2024 | 10.7% | £1,399pcm |
| April 2023 | 11.8% | £1,264pcm |
| April 2022 | 9.1% | £1,131pcm |
| April 2021 | 6.9% | £1,037pcm |
| April 2020 | 4.4% | £970pcm |
| April 2019 | 2.4% | £929pcm |
| April 2018 | 0.9% | £907pcm |
| April 2017 | 1.1% | £899pcm |
| April 2016 | 3.2% | £889pcm |
| April 2015 | 3.6% | £862pcm |
| April 2014 | 3% | £832pcm |
| April 2013 | 2.5% | £808pcm |
| April 2012 | 1.9% | £788pcm |
| April 2011 | 4.6% | £774pcm |
| April 2010 | 5.6% | £740pcm |
| April 2009 | -3.7% | £701pcm |
| April 2008 | 0.3% | £727pcm |
| April 2007 | 0% | £725pcm |
The last sale was on 29th November 2024 for £188,347 and since then the market in the area has increased by 2.4%. The postcode has had a total of 22 sales since 1995.
NE23 8GS has seen 22 sales in the last three years and no sales in the last twelve months.
NE23 8GS is the 627th largest and the 757th most expensive postcode out of the 979 postcodes in the NE23 area.
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The closest station to NE23 8GS is Cramlington station which is 1.5 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NE23 8GS, % of property is and % is .
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NE23 8GS, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NE23 8GS, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NE23 8GS, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.