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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
According to the public record, 29, Cairnsmore Close, Cramlington is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Cairnsmore Close, Cramlington is £89,116 and the estimated rental value is £568 per month.
Cairnsmore Close, Cramlington, NE23 is located within the NE23 postal district.
29, Cairnsmore Close, Cramlington has 31 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated October 2021.
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.
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 29, Cairnsmore Close, Cramlington is in very good condition we estimate a sale value of £93,572 and a rental value of £597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,878 and a rental value of £528 per month.
Over the last 12 months the sale value of 29 Cairnsmore Close Cramlington has decreased by an estimated £131 (0.1%) and its rental value has increased by an estimated £10 per month (1.8%), giving an expected gross yield of 7.7%.
29, Cairnsmore Close, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 29, Cairnsmore Close, Cramlington was last sold on 15th January 2010 for £70,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2010, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Cairnsmore Close, Cramlington within a radius of 530 metres over the last 2 years.
The most recent example is 24, Cragside, Cramlington, NE23 6HP, a leasehold flat which sold for £85,000 on the 10th December 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cairnsmore Close, Cramlington, NE23 has a total of 33 addresses. According to our analysis of all the public data, 29, Cairnsmore Close, Cramlington is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE23.
The closest station to 29, Cairnsmore Close, Cramlington is Cramlington station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, Cairnsmore Close, Cramlington, 45.1% of property is privately rented and 31.6% 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 29, Cairnsmore Close, Cramlington, 12.8% of residents are recorded as possessing school level qualifications and 21.4% 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 29, Cairnsmore 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 29, Cairnsmore Close, Cramlington, 0.4% 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 29, Cairnsmore 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.
