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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Alexandra Way, Cramlington is a mid-century freehold house with 817 ft2 of internal area and sits on a 123 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Alexandra Way, Cramlington is £163,892 and the estimated rental value is £1,215 per month.
Alexandra Way, Cramlington, NE23 is located within the NE23 postal district.
2, Alexandra Way, Cramlington has 2 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated April 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Alexandra Way, Cramlington is in very good condition we estimate a sale value of £172,087 and a rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,420 and a rental value of £1,130 per month.
Over the last 12 months the sale value of 2 Alexandra Way Cramlington has increased by an estimated £3,762 (2.3%) and its rental value has increased by an estimated £50 per month (4.1%), giving an expected gross yield of 8.9%.
According to data from HM Land Registry, 2, Alexandra Way, Cramlington sits on a plot of 123m2.
We have plot size data on 28 out of 33 other houses in the postcode and 2, Alexandra Way, Cramlington sits on the 24th largest plot.
2, Alexandra Way, Cramlington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Alexandra Way, Cramlington was last sold on 2nd May 2012 for £123,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 95.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Alexandra Way, Cramlington within a radius of 560 metres over the last 2 years.
The most recent example is 43, Alexandra Way, Cramlington, NE23 6EA, a freehold house which sold for £116,000 on the 28th March 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Way, Cramlington, NE23 has a total of 77 addresses. According to our analysis of all the public data, 2, Alexandra Way, Cramlington is the 37th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in NE23.
The closest station to 2, Alexandra Way, Cramlington is Cramlington station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Alexandra Way, Cramlington, 40.2% of property is privately owned with a mortgage and 36.2% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Alexandra Way, Cramlington, 14.8% of residents are recorded as possessing school level qualifications and 27.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Alexandra Way, Cramlington, the average age was 41.1 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Alexandra Way, Cramlington, 0.6% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Alexandra Way, Cramlington, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
