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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, 53, Ringwood Drive, Cramlington is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Ringwood Drive, Cramlington is £350,998 and the estimated rental value is £2,023 per month.
Ringwood Drive, Cramlington, NE23 is located within the NE23 postal district.
53, Ringwood Drive, Cramlington has 31 entries in the Land Registry , most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 53, Ringwood Drive, Cramlington is in very good condition we estimate a sale value of £368,548 and a rental value of £2,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,428 and a rental value of £1,881 per month.
Over the last 12 months the sale value of 53 Ringwood Drive Cramlington has increased by an estimated £2,464 (0.7%) and its rental value has increased by an estimated £55 per month (2.7%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 53, Ringwood Drive, Cramlington was last sold on 25th June 2021 for £942,788 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has risen 22.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 53, Ringwood Drive, Cramlington over the last 2 years.
The most recent example is 55, Ringwood Drive, Cramlington, NE23 1ND, a freehold house which sold for £134,950 on the 12th October 2020.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ringwood Drive, Cramlington, NE23 has a total of 160 addresses. According to our analysis of all the public data, 53, Ringwood Drive, Cramlington is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in NE23.
The closest station to 53, Ringwood Drive, 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 53, Ringwood Drive, 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 53, Ringwood Drive, 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 53, Ringwood Drive, 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 53, Ringwood Drive, 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.
