15, Ryde Place
15, Ryde Place
Description & Estimates
15, Ryde Place, Cramlington is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 15, Ryde Place, Cramlington is £102,448 and its rental estimate is £711 per month, given the available information and assuming reasonable condition.
Ryde Place, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
15, Ryde Place, Cramlington has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Ryde Place, Cramlington, we estimate a market value of £107,570 and a rental value of £747 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,276 and £662 per month respectively.
Recent Market Change
Over the last year, 15, Ryde Place, Cramlington has seen its estimated sale value grow by £607 (0.6%) and its estimated rental value climb by £15 per month (2.1%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
15, Ryde Place, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Ryde Place, Cramlington completed on 13th September 2013 at £90,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.5% over the period since September 2013.
- Sold Sep 2013£90,000
- Sold Mar 2004£84,700
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Ryde Place, Cramlington have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 11, Redhill Walk, Cramlington, NE23 1PA, a leasehold flat which sold for £99,000.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Ryde Place, Cramlington, NE23, 15, Ryde Place, Cramlington comes out as the 10th largest and the 11th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the NE23 district.
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Schools Nearby
- 100mCramlington Shanklea Primary School
- 700mBurnside Primary School
- 800mCramlington Village Primary School
- 1.5kmCramlington Learning Village
- 4.1kmSeaton Valley High School
- 4.2kmNorth Gosforth Academy
More reading links
Public Transport Nearby
From 15, Ryde Place, Cramlington, the nearest station is Cramlington, 1.1 kilometres away.
- 1.1kmCramlington
- 3.3kmSeaton Delaval
- 4.0kmNewsham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
