55, Merganser Crescent
55, Merganser Crescent
Description & Estimates
Public records show 55, Merganser Crescent, Cramlington to be a modern freehold house with 1,517 ft2 of internal area, sitting on a 439 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
55, Merganser Crescent, Cramlington has an estimated sale value of £330,952 and an estimated rental value of £1,619 per month, assuming reasonable condition and based on the information available.
Merganser Crescent, Barley Meadows, Cramlington, NE23 lies within the NE23 postal district.
Our Data Sources
55, Merganser Crescent, Cramlington has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 55, Merganser Crescent, Cramlington would be worth £347,499, with a potential rental value of £1,700 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £307,785, with a rental value of £1,506 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 55, Merganser Crescent, Cramlington has increased by £2,323 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (2.7%). The property's estimated gross yield is currently 5.9%.
Plot Size
55, Merganser Crescent, Cramlington occupies a 439 m2 plot as recorded by HM Land Registry.
All 44 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
55, Merganser Crescent, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
55, Merganser Crescent, Cramlington last changed hands on 18th October 2023, selling for £440,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 9.0% since October 2023.
- Sold Oct 2023£440,000
- Sold Dec 2018£317,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 55, Merganser Crescent, Cramlington across the last 2 years.
Most recently, 30, Merganser Crescent, Cramlington, NE23 6FF, a freehold house, sold at £275,000 on the 11th December 2020.
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
Our analysis of the public data ranks 55, Merganser Crescent, Cramlington as the 2nd largest and the 2nd most expensive of the 44 addresses on Merganser Crescent, Barley Meadows, Cramlington, NE23.
Against the NE23 postcode district average, it is £141k more expensive than the typical property.
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Schools Nearby
- 1.5kmCragside CofE Controlled Primary School
- 1.5kmSs Peter and Paul's Catholic Primary Academy
- 1.6kmSeghill First School
- 2.0kmCramlington Learning Village
- 2.3kmSeaton Valley High School
- 4.3kmNorth Gosforth Academy
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Public Transport Nearby
Seaton Delaval station is the nearest stop to 55, Merganser Crescent, Cramlington at 1.5 kilometres away.
- 1.5kmSeaton Delaval
- 2.7kmCramlington
- 3.7kmNewsham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
