5, Richmond Way
5, Richmond Way
Description & Estimates
According to the public record, 5, Richmond Way, Cramlington is a mid-century freehold house with 1,883 ft2 of internal area and sits on a 525 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 5, Richmond Way, Cramlington is £532,861 and the estimated rental value is £2,324 per month.
Richmond Way, Cramlington, NE23 is located within the NE23 postal district.
Our Data Sources
5, Richmond Way, Cramlington has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated August 2020.
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
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, Richmond Way, Cramlington is in very good condition we estimate a sale value of £559,504 and a rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,560 and a rental value of £2,161 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Richmond Way, Cramlington has moved down by £2,804 (0.5%), while its estimated rental value has increased by £28 per month (1.2%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Plot Size
According to data from HM Land Registry, 5, Richmond Way, Cramlington sits on a plot of 525 m2.
We have plot size data on 67 out of 67 other houses in the postcode and 5, Richmond Way, Cramlington sits on the 57th largest plot.
Energy Efficiency
5, Richmond Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 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, Richmond Way, Cramlington was last sold on 23rd October 2020 for £460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped by 16.6%.
- Sold Oct 2020£460,000
- Sold Jun 2001£139,950
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, Richmond Way, Cramlington within a radius of 910 metres over the last 2 years.
The most recent example is 4, Richmond Way, Cramlington, NE23 7XE, a freehold house which sold for £550,000 on the 28th February 2025.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Richmond Way, Cramlington, NE23 has a total of 67 addresses. According to our analysis of all the public data, 5, Richmond Way, Cramlington is the 22nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £343k more expensive than the average property in NE23.
More reading links
Schools Nearby
- 700mCragside CofE Controlled Primary School
- 900mSs Peter and Paul's Catholic Primary Academy
- 1.1kmHareside Primary School
- 600mCramlington Learning Village
- 2.2kmNorth Gosforth Academy
- 4.4kmSeaton Valley High School
More reading links
Public Transport Nearby
The closest station to 5, Richmond Way, Cramlington is Cramlington station, which is 1.9 kilometres away.
- 1.9kmCramlington
- 3.6kmSeaton Delaval
- 5.7kmNewsham
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.
