18, Fareham Way
18, Fareham Way
Description & Estimates
Public records show 18, Fareham Way, Cramlington to be a mid-century freehold house with 721 ft2 of internal area, sitting on a 116 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Fareham Way, Cramlington has an estimated sale value of £153,512 and an estimated rental value of £1,170 per month, assuming reasonable condition and based on the information available.
Fareham Way, Cramlington, NE23 lies within the NE23 postal district.
Our Data Sources
18, Fareham Way, Cramlington has 41 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated March 2015.
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
In very good condition, we estimate 18, Fareham Way, Cramlington would be worth £161,188, with a potential rental value of £1,229 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £142,766, with a rental value of £1,088 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Fareham Way, Cramlington has moved up by £3,524 (2.3%) over the last year. During the same period, its estimated monthly rental value has increased by £49 (4.1%). The property's estimated gross yield is currently 9.1%.
Plot Size
18, Fareham Way, Cramlington occupies a 116 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
18, Fareham Way, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
18, Fareham Way, Cramlington last changed hands on 8th November 2022, selling for £151,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 9.0% since November 2022.
- Sold Nov 2022£151,000
- Sold Nov 2022£151,000
- Sold Jul 2015£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 18, Fareham Way, Cramlington across the last 2 years.
Most recently, 22, Fareham Way, Cramlington, NE23 1TD, a freehold house, sold at £120,000 on the 10th May 2024.
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
Our analysis of the public data ranks 18, Fareham Way, Cramlington as the 20th largest and the 22nd most expensive of the 26 addresses on Fareham Way, Cramlington, NE23.
Against the NE23 postcode district average, it is £36k less expensive than the typical property.
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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
Cramlington station is the nearest stop to 18, Fareham Way, Cramlington at 1.0 kilometres away.
- 1.0kmCramlington
- 3.4kmSeaton Delaval
- 4.0kmNewsham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
