4, Lochcraig Place
4, Lochcraig Place
Description & Estimates
4, Lochcraig Place, Cramlington is described in the public record as a mid-century apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Lochcraig Place, Cramlington is £44,468 and its rental estimate is £336 per month, given the available information and assuming reasonable condition.
Lochcraig Place, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
4, Lochcraig Place, Cramlington has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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
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, Lochcraig Place, Cramlington, we estimate a market value of £46,691 and a rental value of £352 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £41,355 and £312 per month respectively.
Recent Market Change
Over the last year, 4, Lochcraig Place, Cramlington has seen its estimated sale value fall by £66 (0.1%) and its estimated rental value move up by £6 per month (1.8%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
4, Lochcraig Place, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4, Lochcraig Place, Cramlington have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2019, was 58, Longridge Way, Cramlington, NE23 8DQ, a leasehold flat which sold for £53,500.
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 34 addresses on Lochcraig Place, Cramlington, NE23, 4, Lochcraig Place, Cramlington comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the NE23 district.
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Schools Nearby
- 300mBeaconhill Community Primary School
- 1.0kmHareside Primary School
- 1.2kmCramlington Shanklea Primary School
- 1.3kmCramlington Learning Village
- 3.3kmNorth Gosforth Academy
- 5.1kmSeaton Valley High School
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Public Transport Nearby
From 4, Lochcraig Place, Cramlington, the nearest station is Cramlington, 200 metres away.
- 200mCramlington
- 4.3kmSeaton Delaval
- 5.3kmNewsham
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.
