18, Richmond Way
18, Richmond Way
Description & Estimates
Public records show 18, Richmond Way, Cramlington to be a mid-century freehold house with 850 ft2 of internal area, sitting on a 683 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Richmond Way, Cramlington has an estimated sale value of £345,000 and an estimated rental value of £1,712 per month, assuming reasonable condition and based on the information available.
Richmond Way, Cramlington, NE23 lies within the NE23 postal district.
Our Data Sources
18, Richmond Way, Cramlington has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated May 2014.
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, Richmond Way, Cramlington would be worth £362,250, with a potential rental value of £1,797 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £320,850, with a rental value of £1,592 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, Richmond Way, Cramlington has moved up by £7,919 (2.3%) over the last year. During the same period, its estimated monthly rental value has increased by £71 (4.1%). The property's estimated gross yield is currently 6.0%.
Plot Size
18, Richmond Way, Cramlington occupies a 683 m2 plot as recorded by HM Land Registry.
All 67 other houses in this postcode have recorded plot sizes, and this one ranks as the 35th largest.
Energy Efficiency
18, Richmond Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2014.
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
18, Richmond Way, Cramlington last changed hands on 24th February 2015, selling for £320,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 10.0% since February 2015.
- Sold Feb 2015£320,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 970 metres of 18, Richmond Way, Cramlington across the last 2 years.
Most recently, 12, Longhirst Drive, Cramlington, NE23 7XL, a freehold house, sold at £350,000 on the 31st March 2023.
Read more about house prices in NE23.
- Sold Mar 2023£350,000 | 3 Bed House12, Longhirst Drive, Cramlington, NE23 7XL12, Longhirst Drive, Cramlington, NE23 7XL
- Sold Jan 2021£221,000 | 3 Bed House22, Lamonby Way, Cramlington, NE23 7XW22, Lamonby Way, Cramlington, NE23 7XW
- Sold Mar 2017£208,500 | 3 Bed House24, Lamonby Way, Cramlington, NE23 7XW24, Lamonby Way, Cramlington, NE23 7XW
•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, Richmond Way, Cramlington as the 66th largest and the 65th most expensive of the 67 addresses on Richmond Way, Cramlington, NE23.
Against the NE23 postcode district average, it is £156k more expensive than the typical property.
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Schools Nearby
- 700mCragside CofE Controlled Primary School
- 900mSs Peter and Paul's Catholic Primary Academy
- 1.1kmHareside Primary School
- 600mCramlington Learning Village
- 2.2kmNorth Gosforth Academy
- 4.4kmSeaton Valley High School
More reading links
Public Transport Nearby
Cramlington station is the nearest stop to 18, Richmond Way, Cramlington at 1.9 kilometres away.
- 1.9kmCramlington
- 3.6kmSeaton Delaval
- 5.7kmNewsham
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.
