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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, 6, Elder Drive, Cramlington is a modern freehold house with 1,216 ft2 of internal area.
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 6, Elder Drive, Cramlington is £326,800 and the estimated rental value is £1,599 per month.
Elder Drive, West Meadows, Cramlington, NE23 is located within the NE23 postal district.
6, Elder Drive, Cramlington has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2023.
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.
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 6, Elder Drive, Cramlington is in very good condition we estimate a sale value of £343,140 and a rental value of £1,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,924 and a rental value of £1,487 per month.
Over the last 12 months the sale value of 6 Elder Drive Cramlington has increased by an estimated £2,294 (0.7%) and its rental value has increased by an estimated £44 per month (2.7%), giving an expected gross yield of 5.9%.
6, Elder Drive, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, Elder Drive, Cramlington was last sold on 28th September 2023 for £289,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Elder Drive, Cramlington within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 18, Elder Drive, Cramlington, NE23 8FU, a freehold house which sold for £280,202 on the 28th June 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Drive, West Meadows, Cramlington, NE23 has a total of 35 addresses. According to our analysis of all the public data, 6, Elder Drive, Cramlington is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in NE23.
The closest station to 6, Elder Drive, Cramlington is Cramlington station which is 1.4 kilometres away.
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 6, Elder 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 6, Elder 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 6, Elder 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 6, Elder 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.
