16, Arcot Grange
16, Arcot Grange
Description & Estimates
16, Arcot Grange, Cramlington is recorded publicly as a modern freehold house across 1,646 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, Arcot Grange, Cramlington is £412,685 and its rental estimate is £1,799 per month, given the available information and assuming reasonable condition.
Arcot Grange, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
16, Arcot Grange, Cramlington has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 16, Arcot Grange, Cramlington, we estimate a market value of £433,319 and a rental value of £1,889 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £383,797 and £1,674 per month respectively.
Recent Market Change
Over the last year, 16, Arcot Grange, Cramlington has seen its estimated sale value fall by £2,171 (0.5%) and its estimated rental value move up by £22 per month (1.2%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
16, Arcot Grange, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 16, Arcot Grange, Cramlington completed on 30th June 2022 at £399,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.5% over the period since June 2022.
- Sold Jun 2022£399,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Arcot Grange, Cramlington have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2024, was 4, Arcot Grange, Cramlington, NE23 7DQ, a freehold house which sold for £385,000.
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 27 addresses on Arcot Grange, Cramlington, NE23, 16, Arcot Grange, Cramlington comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £223k more expensive than the average property across the NE23 district.
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Schools Nearby
- 1.3kmCragside CofE Controlled Primary School
- 1.4kmFordley Primary School
- 1.4kmSs Peter and Paul's Catholic Primary Academy
- 1.1kmCramlington Learning Village
- 1.6kmNorth Gosforth Academy
- 4.4kmGeorge Stephenson High School
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Public Transport Nearby
From 16, Arcot Grange, Cramlington, the nearest station is Cramlington, 2.2 kilometres away.
- 2.2kmCramlington
- 4.1kmSeaton Delaval
- 6.2kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
