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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, 40, Alexandra Way, Cramlington is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Alexandra Way, Cramlington is £87,571 and the estimated rental value is £637 per month.
Alexandra Way, Cramlington, NE23 is located within the NE23 postal district.
40, Alexandra Way, Cramlington has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2012.
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.
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 40, Alexandra Way, Cramlington is in very good condition we estimate a sale value of £91,950 and a rental value of £668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,441 and a rental value of £592 per month.
Over the last 12 months the sale value of 40 Alexandra Way Cramlington has decreased by an estimated £129 (0.1%) and its rental value has increased by an estimated £11 per month (1.8%), giving an expected gross yield of 8.7%.
40, Alexandra Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Alexandra Way, Cramlington was last sold on 26th June 2003 for £62,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Alexandra Way, Cramlington within a radius of 560 metres over the last 2 years.
The most recent example is 26, Alexandra Way, Cramlington, NE23 6EB, a leasehold flat which sold for £87,000 on the 3rd July 2025.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Way, Cramlington, NE23 has a total of 77 addresses. According to our analysis of all the public data, 40, Alexandra Way, Cramlington is the 45th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NE23.
The closest station to 40, Alexandra Way, Cramlington is Cramlington station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 40, Alexandra Way, Cramlington, 40.2% of property is privately owned with a mortgage and 36.2% is privately owned outright.
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 40, Alexandra Way, Cramlington, 14.8% of residents are recorded as possessing school level qualifications and 27.6% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Alexandra Way, Cramlington, the average age was 41.1 and the most common age was 27.
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 40, Alexandra Way, Cramlington, 0.6% 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 40, Alexandra Way, Cramlington, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
