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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, 62, Grantham Place, Cramlington is a mid-century freehold house with 861 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Grantham Place, Cramlington is £177,763 and the estimated rental value is £1,263 per month.
Grantham Place, Cramlington, NE23 is located within the NE23 postal district.
62, Grantham Place, Cramlington has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated February 2016.
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.
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 62, Grantham Place, Cramlington is in very good condition we estimate a sale value of £186,651 and a rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,320 and a rental value of £1,175 per month.
Over the last 12 months the sale value of 62 Grantham Place Cramlington has increased by an estimated £4,081 (2.3%) and its rental value has increased by an estimated £52 per month (4.1%), giving an expected gross yield of 8.5%.
According to data from HM Land Registry, 62, Grantham Place, Cramlington sits on a plot of 251m2.
We have plot size data on 22 out of 22 other houses in the postcode and 62, Grantham Place, Cramlington sits on the 3rd largest plot.
62, Grantham Place, Cramlington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 62, Grantham Place, Cramlington was last sold on 7th May 2021 for £139,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Grantham Place, Cramlington within a radius of 630 metres over the last 2 years.
The most recent example is 49, Grantham Place, Cramlington, NE23 6ES, a freehold house which sold for £170,000 on the 17th November 2023.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Place, Cramlington, NE23 has a total of 62 addresses. According to our analysis of all the public data, 62, Grantham Place, Cramlington is the 28th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in NE23.
The closest station to 62, Grantham Place, Cramlington is Cramlington station which is 1.6 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 62, Grantham Place, Cramlington, 70.1% of property is privately owned outright and 23.1% is privately owned with a mortgage.
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 62, Grantham Place, Cramlington, 10.7% of residents are recorded as possessing school level qualifications and 22.7% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 62, Grantham Place, Cramlington, the average age was 49.2 and the most common age was 72.
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 62, Grantham Place, Cramlington, 0.8% 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 62, Grantham Place, Cramlington, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
