75, Reedswood Crescent
75, Reedswood Crescent
Description & Estimates
75, Reedswood Crescent, Cramlington is described in the public record as a mid-century apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 75, Reedswood Crescent, Cramlington is £48,038 and its rental estimate is £361 per month, given the available information and assuming reasonable condition.
Reedswood Crescent, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
75, Reedswood Crescent, Cramlington has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 75, Reedswood Crescent, Cramlington, we estimate a market value of £50,440 and a rental value of £379 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £44,675 and £336 per month respectively.
Recent Market Change
Over the last year, 75, Reedswood Crescent, Cramlington has seen its estimated sale value drop by £71 (0.1%) and its estimated rental value rise by £6 per month (1.8%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
75, Reedswood Crescent, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 75, Reedswood Crescent, Cramlington has sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2013, was 69, Reedswood Crescent, Cramlington, NE23 6RW, a leasehold flat which sold for £36,500.
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
Of the 62 addresses on Reedswood Crescent, Cramlington, NE23, 75, Reedswood Crescent, Cramlington comes out as the 60th largest and the 60th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the NE23 district.
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Schools Nearby
- 1.4kmSs Peter and Paul's Catholic Primary Academy
- 1.5kmCragside CofE Controlled Primary School
- 1.6kmCramlington Village Primary School
- 1.9kmCramlington Learning Village
- 2.5kmSeaton Valley High School
- 4.3kmNorth Gosforth Academy
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Public Transport Nearby
From 75, Reedswood Crescent, Cramlington, the nearest station is Seaton Delaval, 1.6 kilometres away.
- 1.6kmSeaton Delaval
- 2.5kmCramlington
- 3.6kmNewsham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
