23, Cramond Way
23, Cramond Way
Description & Estimates
23, Cramond Way, Cramlington is described in the public record as a mid-century apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Cramond Way, Cramlington is £63,303 and its rental estimate is £487 per month, given the available information and assuming reasonable condition.
Cramond Way, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
23, Cramond Way, Cramlington has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Cramond Way, Cramlington, we estimate a market value of £66,469 and a rental value of £512 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £58,872 and £453 per month respectively.
Recent Market Change
Over the last year, 23, Cramond Way, Cramlington has seen its estimated sale value drop by £93 (0.1%) and its estimated rental value rise by £9 per month (1.8%). This results in an estimated gross rental yield of 9.2%.
Energy Efficiency
23, Cramond Way, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 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
The most recent sale of 23, Cramond Way, Cramlington completed on 11th December 1998 at £27,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Dec 1998£27,000
- Sold Sep 1995£26,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Cramond Way, Cramlington have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 1, Chirnside, Cramlington, NE23 6LQ, a leasehold flat which sold for £95,000.
Read more about house prices in NE23.
- Sold Aug 2024£95,000 | 2 Bed Flat1, Chirnside, Cramlington, NE23 6LQ1, Chirnside, Cramlington, NE23 6LQ
- Sold Feb 2023£85,000 | 2 Bed Flat7, Chirnside, Cramlington, NE23 6LQ7, Chirnside, Cramlington, NE23 6LQ
- Sold Jan 2023£47,000 | 2 Bed Flat6, Chirnside, Cramlington, NE23 6LQ6, Chirnside, Cramlington, NE23 6LQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 80 addresses on Cramond Way, Cramlington, NE23, 23, Cramond Way, Cramlington comes out as the 59th largest and the 78th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the NE23 district.
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Schools Nearby
- 400mSs Peter and Paul's Catholic Primary Academy
- 700mCragside CofE Controlled Primary School
- 800mHareside Primary School
- 900mCramlington Learning Village
- 3.4kmSeaton Valley High School
- 3.4kmNorth Gosforth Academy
More reading links
Public Transport Nearby
From 23, Cramond Way, Cramlington, the nearest station is Cramlington, 1.8 kilometres away.
- 1.8kmCramlington
- 2.6kmSeaton Delaval
- 4.4kmNewsham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
