40, Violet Drive
40, Violet Drive
Description & Estimates
40, Violet Drive, Cramlington is recorded publicly as a modern freehold house across 850 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Violet Drive, Cramlington is £254,106 and its rental estimate is £1,474 per month, given the available information and assuming reasonable condition.
Violet Drive, West Meadows, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
40, Violet Drive, Cramlington has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that 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 40, Violet Drive, Cramlington, we estimate a market value of £266,812 and a rental value of £1,548 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,319 and £1,371 per month respectively.
Recent Market Change
Over the last year, 40, Violet Drive, Cramlington has seen its estimated sale value climb by £5,833 (2.3%) and its estimated rental value rise by £61 per month (4.1%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
40, Violet Drive, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Violet Drive, Cramlington completed on 31st May 2024 at £234,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 25.8% over the period since May 2024.
- Sold May 2024£234,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Violet Drive, Cramlington have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 28, Violet Drive, Cramlington, NE23 8FZ, a freehold house which sold for £218,495.
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 104 addresses on Violet Drive, West Meadows, Cramlington, NE23, 40, Violet Drive, Cramlington comes out as the 59th largest and the 55th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the NE23 district.
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Schools Nearby
- 400mBeaconhill Community Primary School
- 1.3kmHareside Primary School
- 1.8kmSs Peter and Paul's Catholic Primary Academy
- 1.3kmCramlington Learning Village
- 2.8kmNorth Gosforth Academy
- 5.5kmSeaton Valley High School
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Public Transport Nearby
From 40, Violet Drive, Cramlington, the nearest station is Cramlington, 900 metres away.
- 900mCramlington
- 4.7kmSeaton Delaval
- 5.9kmNewsham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
