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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, 8, Forres Place, Cramlington is a mid-century leasehold house with 861 ft2 of internal area and sits on a 245 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 8, Forres Place, Cramlington is £222,322 and the estimated rental value is £1,332 per month.
Forres Place, Cramlington, NE23 is located within the NE23 postal district.
8, Forres Place, Cramlington has a single entry in the Land Registry from January 2024 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 8, Forres Place, Cramlington is in very good condition we estimate a sale value of £233,438 and a rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,760 and a rental value of £1,238 per month.
Over the last 12 months the sale value of 8 Forres Place Cramlington has increased by an estimated £5,103 (2.3%) and its rental value has increased by an estimated £55 per month (4.1%), giving an expected gross yield of 7.2%.
According to data from HM Land Registry, 8, Forres Place, Cramlington sits on a plot of 245m2.
We have plot size data on 10 out of 11 other houses in the postcode and 8, Forres Place, Cramlington sits on the 5th largest plot.
8, Forres Place, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Forres Place, Cramlington was last sold on 31st January 2024 for £189,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has dropped 11.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Forres Place, Cramlington within a radius of 670 metres over the last 2 years.
The most recent example is 26, Reigate Square, Cramlington, NE23 1NW, a leasehold house which sold for £200,000 on the 18th September 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forres Place, Cramlington, NE23 has a total of 11 addresses. According to our analysis of all the public data, 8, Forres Place, Cramlington is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in NE23.
The closest station to 8, Forres Place, Cramlington is Cramlington station which is 1.0 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 8, Forres Place, 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 8, Forres Place, 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 8, Forres Place, 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 8, Forres Place, 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.
