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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, Tavern Close, Cramlington is a modern freehold house with 1,280 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Tavern Close, Cramlington is £301,880 and the estimated rental value is £1,711 per month.
Tavern Close, Cramlington, NE23 is located within the NE23 postal district.
2, Tavern Close, Cramlington has 2 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated December 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.
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, Tavern Close, Cramlington is in very good condition we estimate a sale value of £316,974 and a rental value of £1,797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,748 and a rental value of £1,592 per month.
Over the last 12 months the sale value of 2 Tavern Close Cramlington has increased by an estimated £1,919 (0.6%) and its rental value has increased by an estimated £36 per month (2.1%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 2, Tavern Close, Cramlington sits on a plot of 235m2.
We have plot size data on 28 out of 36 other houses in the postcode and 2, Tavern Close, Cramlington sits on the 16th largest plot.
2, Tavern Close, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Tavern Close, Cramlington was last sold on 5th August 2019 for £237,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2019, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tavern Close, Cramlington within a radius of 670 metres over the last 2 years.
The most recent example is 31, Tavern Close, Cramlington, NE23 8AR, a freehold house which sold for £250,000 on the 28th June 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tavern Close, Cramlington, NE23 has a total of 36 addresses. According to our analysis of all the public data, 2, Tavern Close, Cramlington is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in NE23.
The closest station to 2, Tavern Close, Cramlington is Cramlington station which is 100 metres 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, Tavern Close, Cramlington, 43.0% of property is privately owned with a mortgage and 21.3% 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, Tavern Close, Cramlington, 17.2% of residents are recorded as possessing school level qualifications and 29.6% 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, Tavern Close, 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, Tavern Close, Cramlington, 0.5% 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, Tavern Close, Cramlington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
