Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 28, Gresham Close, Cramlington is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 858 ft2 of internal area and sits on a 226 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 28, Gresham Close, Cramlington is £273,220 and the estimated rental value is £1,502 per month.
Gresham Close, Cramlington, NE23 is located within the NE23 postal district.
28, Gresham Close, Cramlington has 2 entries in the Land Registry , most recently in May 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 28, Gresham Close, Cramlington is in very good condition we estimate a sale value of £286,881 and a rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,094 and a rental value of £1,397 per month.
Over the last 12 months the sale value of 28 Gresham Close Cramlington has increased by an estimated £6,803 (2.5%) and its rental value has increased by an estimated £74 per month (4.9%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 28, Gresham Close, Cramlington sits on a plot of 226m2.
We have plot size data on 36 out of 40 other houses in the postcode and 28, Gresham Close, Cramlington sits on the 29th largest plot.
According to HM Land Registry, 28, Gresham Close, Cramlington was last sold on 19th May 2014 for £160,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Gresham Close, Cramlington within a radius of 530 metres over the last 2 years.
The most recent example is 23, Glencoe Avenue, Cramlington, NE23 6EH, a freehold house which sold for £258,000 on the 23rd August 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Close, Cramlington, NE23 has a total of 67 addresses. According to our analysis of all the public data, 28, Gresham Close, Cramlington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in NE23.
The closest station to 28, Gresham Close, Cramlington is Cramlington station which is 1.8 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 28, Gresham Close, Cramlington, 70.0% of property is privately owned outright and 20.0% is privately rented.
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 28, Gresham Close, Cramlington, 4.0% of residents are recorded as possessing school level qualifications and 22.2% 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 28, Gresham Close, Cramlington, the average age was 49.2 and the most common age was 72.
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 28, Gresham Close, Cramlington, 0.0% 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 28, Gresham Close, Cramlington, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
