8, Charles Drive
8, Charles Drive
Description & Estimates
8, Charles Drive, Cramlington appears in the public record as a freehold house sitting on a 285 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 975 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 8, Charles Drive, Cramlington is £138,274 and its rental estimate is £988 per month, given the available information and assuming reasonable condition.
Charles Drive, Dudley, Cramlington, NE23 falls within the NE23 postal district, in the borough of North Tyneside.
Our Data Sources
8, Charles Drive, Cramlington has a single entry in the Land Registry from February 2007 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 2 out of 5 and is considered of medium 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 8, Charles Drive, Cramlington, we estimate a market value of £145,188 and a rental value of £1,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,595 and £919 per month respectively.
Recent Market Change
Over the last year, 8, Charles Drive, Cramlington has seen its estimated sale value increase by £3,174 (2.3%) and its estimated rental value grow by £41 per month (4.1%). This results in an estimated gross rental yield of 8.6%.
Plot Size
HM Land Registry records the plot of land for 8, Charles Drive, Cramlington as measuring 285 m2.
That makes it the largest plot in the postcode, where 26 of the 37 other houses have recorded plot data.
Sold Prices
The most recent sale of 8, Charles Drive, Cramlington completed on 16th February 2007 at £105,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 55.2% over the period since February 2007.
- Sold Feb 2007£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Charles Drive, Cramlington have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th February 2024, was 29, Charles Drive, Cramlington, NE23 7AW, a freehold house which sold for £140,000.
Read more about house prices in NE23.
- Sold Feb 2024£140,000 | 3 Bed House29, Charles Drive, Cramlington, NE23 7AW29, Charles Drive, Cramlington, NE23 7AW
- Sold May 2023£127,500 | 3 Bed House13, Craig Crescent, Cramlington, NE23 7AN13, Craig Crescent, Cramlington, NE23 7AN
- Sold May 2022£100,000 | 3 Bed House120, Fern Drive, Cramlington, NE23 7AH120, Fern Drive, Cramlington, NE23 7AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Charles Drive, Dudley, Cramlington, NE23, 8, Charles Drive, Cramlington comes out as the 4th largest and the 20th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the NE23 district.
More reading links
Schools Nearby
- 200mFordley Primary School
- 1.4kmBurradon Community Primary School
- 1.6kmCragside CofE Controlled Primary School
- 2.2kmCramlington Learning Village
- 2.2kmNorth Gosforth Academy
- 2.9kmGeorge Stephenson High School
More reading links
Public Transport Nearby
From 8, Charles Drive, Cramlington, the nearest station is Cramlington, 3.5 kilometres away.
- 3.5kmCramlington
- 3.7kmSeaton Delaval
- 4.9kmNorthumberland Park (Tyne & Wear)
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.
