5, Kelsey Way
5, Kelsey Way
Description & Estimates
According to the public record, 5, Kelsey Way, Cramlington is a modern leasehold house with 1,517 ft2 of internal area and sits on a 394 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Kelsey Way, Cramlington is £417,669 and the estimated rental value is £1,773 per month.
Kelsey Way, Cramlington, NE23 is located within the NE23 postal district.
Our Data Sources
5, Kelsey Way, Cramlington has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated February 2020.
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.
Price Range & Condition
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 5, Kelsey Way, Cramlington is in very good condition we estimate a sale value of £438,552 and a rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,432 and a rental value of £1,649 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Kelsey Way, Cramlington has grown by £2,932 (0.7%), while its estimated rental value has climbed by £48 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 5, Kelsey Way, Cramlington sits on a plot of 394 m2.
We have plot size data on 10 out of 10 other houses in the postcode and 5, Kelsey Way, Cramlington sits on the 6th largest plot.
Energy Efficiency
5, Kelsey Way, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Kelsey Way, Cramlington was last sold on 11th December 2020 for £345,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since December 2020, the market for similar properties has dropped by 13.7%.
- Sold Dec 2020£345,000
- Sold Aug 2002£178,000
- Sold Jul 1999£118,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Kelsey Way, Cramlington within a radius of 810 metres over the last 2 years.
The most recent example is 19, Keston Drive, Cramlington, NE23 3QA, a freehold house which sold for £375,000 on the 16th February 2024.
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
Kelsey Way, Cramlington, NE23 has a total of 10 addresses. According to our analysis of all the public data, 5, Kelsey Way, Cramlington is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £228k more expensive than the average property in NE23.
More reading links
Schools Nearby
- 700mCramlington Northburn Primary School
- 700mEastlea Primary School
- 800mBurnside Primary School
- 3.0kmCramlington Learning Village
- 3.2kmThe Blyth Academy
- 3.6kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
The closest station to 5, Kelsey Way, Cramlington is Cramlington station, which is 2.0 kilometres away.
- 2.0kmCramlington
- 3.1kmBlyth Bebside
- 3.7kmNewsham
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
