20, Gressingham Close
20, Gressingham Close
Description & Estimates
Public records show 20, Gressingham Close, Cramlington to be a modern freehold house with 1,410 ft2 of internal area, sitting on a 360 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
20, Gressingham Close, Cramlington has an estimated sale value of £348,927 and an estimated rental value of £1,557 per month, assuming reasonable condition and based on the information available.
Gressingham Close, Barley Meadows, Cramlington, NE23 lies within the NE23 postal district.
Our Data Sources
20, Gressingham Close, Cramlington has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 20, Gressingham Close, Cramlington would be worth £366,373, with a potential rental value of £1,635 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £324,502, with a rental value of £1,448 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 20, Gressingham Close, Cramlington has moved up by £2,449 (0.7%) over the last year. During the same period, its estimated monthly rental value has increased by £42 (2.7%). The property's estimated gross yield is currently 5.4%.
Plot Size
20, Gressingham Close, Cramlington occupies a 360 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
20, Gressingham Close, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
20, Gressingham Close, Cramlington last changed hands on 15th February 2018, selling for £282,950. 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 12.8% since February 2018.
- Sold Feb 2018£282,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 20, Gressingham Close, Cramlington across the last 2 years.
Most recently, 5, Aylesbury Grange, Cramlington, NE23 6BS, a freehold house, sold at £284,950 on the 31st July 2020.
Read more about house prices in NE23.
- Sold Jul 2020£284,950 | 4 Bed House5, Aylesbury Grange, Cramlington, NE23 6BS5, Aylesbury Grange, Cramlington, NE23 6BS
- Sold Mar 2020£286,950 | 4 Bed House8, Merganser Crescent, Cramlington, NE23 6FF8, Merganser Crescent, Cramlington, NE23 6FF
- Sold Jan 2020£284,950 | 4 Bed House4, Barbary Way, Cramlington, NE23 6BP4, Barbary Way, Cramlington, NE23 6BP
•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 20, Gressingham Close, Cramlington as the largest and the most expensive of the 18 addresses on Gressingham Close, Barley Meadows, Cramlington, NE23.
Against the NE23 postcode district average, it is £159k more expensive than the typical property.
More reading links
Schools Nearby
- 1.5kmSs Peter and Paul's Catholic Primary Academy
- 1.5kmCragside CofE Controlled Primary School
- 1.7kmSeghill First School
- 2.0kmCramlington Learning Village
- 2.3kmSeaton Valley High School
- 4.4kmNorth Gosforth Academy
More reading links
Public Transport Nearby
Seaton Delaval station is the nearest stop to 20, Gressingham Close, Cramlington at 1.5 kilometres away.
- 1.5kmSeaton Delaval
- 2.7kmCramlington
- 3.6kmNewsham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
