31, Greystoke Place
31, Greystoke Place
Description & Estimates
31, Greystoke Place, Cramlington is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31, Greystoke Place, Cramlington is £104,815 and its rental estimate is £646 per month, given the available information and assuming reasonable condition.
Greystoke Place, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
31, Greystoke Place, Cramlington has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 31, Greystoke Place, Cramlington, we estimate a market value of £110,056 and a rental value of £678 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,478 and £601 per month respectively.
Recent Market Change
Over the last year, 31, Greystoke Place, Cramlington has seen its estimated sale value drop by £155 (0.1%) and its estimated rental value rise by £11 per month (1.8%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
31, Greystoke Place, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2018.
The property is 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 31, Greystoke Place, Cramlington completed on 2nd June 2023 at £99,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.9% over the period since June 2023.
- Sold Jun 2023£99,950
- Sold Aug 2007£99,000
- Sold Jun 2000£37,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, Greystoke Place, Cramlington have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2022, was 21, Winster Place, Cramlington, NE23 6PH, a leasehold flat which sold for £80,500.
Read more about house prices in NE23.
- Sold Sep 2022£80,500 | 2 Bed Flat21, Winster Place, Cramlington, NE23 6PH21, Winster Place, Cramlington, NE23 6PH
- Sold Oct 2021£81,000 | 2 Bed Flat23, Winster Place, Cramlington, NE23 6PH23, Winster Place, Cramlington, NE23 6PH
- Sold Nov 2019£43,000 | 2 Bed Flat30, Greystoke Place, Cramlington, NE23 6NL30, Greystoke Place, Cramlington, NE23 6NL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 31 addresses on Greystoke Place, Cramlington, NE23, 31, Greystoke Place, Cramlington comes out as the 23rd largest and the 24th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the NE23 district.
More reading links
Schools Nearby
- 300mCragside CofE Controlled Primary School
- 800mSs Peter and Paul's Catholic Primary Academy
- 1.1kmHareside Primary School
- 800mCramlington Learning Village
- 2.5kmNorth Gosforth Academy
- 4.0kmSeaton Valley High School
More reading links
Public Transport Nearby
From 31, Greystoke Place, Cramlington, the nearest station is Cramlington, 2.1 kilometres away.
- 2.1kmCramlington
- 3.2kmSeaton Delaval
- 5.4kmNewsham
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.
