4, Colbury Close
4, Colbury Close
Description & Estimates
Public records show 4, Colbury Close, Cramlington to be a modern freehold house with 2,002 ft2 of internal area, sitting on a 564 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
4, Colbury Close, Cramlington has an estimated sale value of £454,314 and an estimated rental value of £1,981 per month, assuming reasonable condition and based on the information available.
Colbury Close, Cramlington, NE23 lies within the NE23 postal district.
Our Data Sources
4, Colbury Close, Cramlington has 31 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated February 2016.
We combine this information with that 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
In very good condition, we estimate 4, Colbury Close, Cramlington would be worth £477,030, with a potential rental value of £2,080 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £422,512, with a rental value of £1,842 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 4, Colbury Close, Cramlington has dropped by £2,390 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (1.2%). The property's estimated gross yield is currently 5.2%.
Plot Size
4, Colbury Close, Cramlington occupies a 564 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4, Colbury Close, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Colbury Close, Cramlington last changed hands on 11th July 2016, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 4.2% since July 2016.
- Sold Jul 2016£350,000
- Sold Dec 2006£375,000
- Sold Sep 1997£114,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 990 metres of 4, Colbury Close, Cramlington across the last 2 years.
Most recently, 81, Underwood Grove, Cramlington, NE23 3UT, a leasehold house, sold at £435,000 on the 27th September 2024.
Read more about house prices in NE23.
•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 4, Colbury Close, Cramlington as the 2nd largest and the most expensive of the 6 addresses on Colbury Close, Cramlington, NE23.
Against the NE23 postcode district average, it is £265k more expensive than the typical property.
More reading links
Schools Nearby
- 400mCramlington Northburn Primary School
- 800mBurnside Primary School
- 1.0kmEastlea Primary School
- 2.6kmCramlington Learning Village
- 3.7kmSt Benet Biscop Catholic Academy
- 3.8kmThe Blyth Academy
More reading links
Public Transport Nearby
Cramlington station is the nearest stop to 4, Colbury Close, Cramlington at 1.4 kilometres away.
- 1.4kmCramlington
- 3.7kmBlyth Bebside
- 4.3kmNewsham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
