4, Gressingham Close
4, Gressingham Close
Description & Estimates
4, Gressingham Close, Cramlington is described in the public record as a modern house with 828 ft2 of internal area, sitting on a 109 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Gressingham Close, Cramlington is £207,054 and its rental estimate is £1,333 per month, given the available information and assuming reasonable condition.
Gressingham Close, Barley Meadows, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
4, Gressingham Close, Cramlington has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, Gressingham Close, Cramlington, we estimate a market value of £217,407 and a rental value of £1,400 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,560 and £1,240 per month respectively.
Recent Market Change
Over the last year, 4, Gressingham Close, Cramlington has seen its estimated sale value climb by £4,753 (2.3%) and its estimated rental value rise by £55 per month (4.1%). This results in an estimated gross rental yield of 7.7%.
Plot Size
HM Land Registry records the plot of land for 4, Gressingham Close, Cramlington as measuring 109 m2.
That makes it the 18th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
4, Gressingham Close, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Gressingham Close, Cramlington have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2018, was 12, Gressingham Close, Cramlington, NE23 6AD, a freehold house which sold for £189,950.
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
Of the 18 addresses on Gressingham Close, Barley Meadows, Cramlington, NE23, 4, Gressingham Close, Cramlington comes out as the 14th largest and the 11th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the NE23 district.
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Schools Nearby
- 1.5kmSs Peter and Paul's Catholic Primary Academy
- 1.5kmCragside CofE Controlled Primary School
- 1.7kmSeghill First School
- 2.0kmCramlington Learning Village
- 2.3kmSeaton Valley High School
- 4.4kmNorth Gosforth Academy
More reading links
Public Transport Nearby
From 4, Gressingham Close, Cramlington, the nearest station is Seaton Delaval, 1.5 kilometres away.
- 1.5kmSeaton Delaval
- 2.7kmCramlington
- 3.6kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
