16, Fareham Way
16, Fareham Way
Description & Estimates
16, Fareham Way, Cramlington is described in the public record as a mid-century house with 721 ft2 of internal area, sitting on a 148 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Fareham Way, Cramlington is £153,512 and its rental estimate is £1,170 per month, given the available information and assuming reasonable condition.
Fareham Way, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
16, Fareham Way, Cramlington has no records in the the Land Registry and a single entry in the EPC database dated February 2016.
We combine this information with public data 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, Fareham Way, Cramlington, we estimate a market value of £161,188 and a rental value of £1,229 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,766 and £1,088 per month respectively.
Recent Market Change
Over the last year, 16, Fareham Way, Cramlington has seen its estimated sale value climb by £3,524 (2.3%) and its estimated rental value rise by £49 per month (4.1%). This results in an estimated gross rental yield of 9.1%.
Plot Size
HM Land Registry records the plot of land for 16, Fareham Way, Cramlington as measuring 148 m2.
That makes it the 2nd largest plot in the postcode, where 9 of the 13 other houses have recorded plot data.
Energy Efficiency
16, Fareham Way, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Fareham Way, Cramlington have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was 22, Fareham Way, Cramlington, NE23 1TD, a freehold house which sold for £120,000.
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 26 addresses on Fareham Way, Cramlington, NE23, 16, Fareham Way, Cramlington comes out as the 21st largest and the 23rd most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the NE23 district.
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Schools Nearby
- 100mCramlington Shanklea Primary School
- 500mBurnside Primary School
- 800mEastlea Primary School
- 1.7kmCramlington Learning Village
- 4.2kmSeaton Valley High School
- 4.3kmThe Blyth Academy
More reading links
Public Transport Nearby
From 16, Fareham Way, Cramlington, the nearest station is Cramlington, 1.0 kilometres away.
- 1.0kmCramlington
- 3.4kmSeaton 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.
