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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
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According to the public record, 4, The Paddock, Cramlington is a modern freehold house with 1,840 ft2 of internal area and sits on a 894 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, The Paddock, Cramlington is £483,468 and the estimated rental value is £2,108 per month.
The Paddock, Cramlington, NE23 is located within the NE23 postal district.
4, The Paddock, Cramlington has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated October 2011.
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 4, The Paddock, Cramlington is in very good condition we estimate a sale value of £507,642 and a rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,626 and a rental value of £1,961 per month.
Over the last 12 months the sale value of 4 The Paddock Cramlington has decreased by an estimated £2,544 (0.5%) and its rental value has increased by an estimated £25 per month (1.2%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 4, The Paddock, Cramlington sits on a plot of 894m2.
We have plot size data on 6 out of 6 other houses in the postcode and 4, The Paddock, Cramlington sits on the 5th largest plot.
4, The Paddock, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, The Paddock, Cramlington was last sold on 31st August 2012 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 4, The Paddock, Cramlington within a radius of 850 metres over the last 2 years.
The most recent example is 3, The Paddock, Cramlington, NE23 6XR, a freehold house which sold for £372,500 on the 27th November 2015.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Cramlington, NE23 has a total of 8 addresses. According to our analysis of all the public data, 4, The Paddock, Cramlington is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in NE23.
The closest station to 4, The Paddock, Cramlington is Seaton Delaval station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, The Paddock, Cramlington, % of property is and % is .
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 4, The Paddock, Cramlington, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 4, The Paddock, Cramlington, 0.0% 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 4, The Paddock, Cramlington, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
