8, Kelsey Way
8, Kelsey Way
Description & Estimates
8, Kelsey Way, Cramlington is recorded publicly as a modern leasehold house across 1,291 ft2 of internal area, sitting on a 399 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Kelsey Way, Cramlington is £383,796 and its rental estimate is £1,707 per month, given the available information and assuming reasonable condition.
Kelsey Way, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
8, Kelsey Way, Cramlington has 21 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property 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, Kelsey Way, Cramlington, we estimate a market value of £402,986 and a rental value of £1,792 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £356,930 and £1,587 per month respectively.
Recent Market Change
Over the last year, 8, Kelsey Way, Cramlington has seen its estimated sale value move up by £2,694 (0.7%) and its estimated rental value increase by £47 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 8, Kelsey Way, Cramlington as measuring 399 m2.
That makes it the 5th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
8, Kelsey Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Kelsey Way, Cramlington completed on 26th October 2018 at £315,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.4% over the period since October 2018.
- Sold Oct 2018£315,000
- Sold Jul 2001£116,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Kelsey Way, Cramlington have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 13, Keston Drive, Cramlington, NE23 3QA, a freehold house which sold for £345,000.
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 10 addresses on Kelsey Way, Cramlington, NE23, 8, Kelsey Way, Cramlington comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £194k more expensive than the average property across the NE23 district.
More reading links
Schools Nearby
- 700mCramlington Northburn Primary School
- 700mEastlea Primary School
- 800mBurnside Primary School
- 3.0kmCramlington Learning Village
- 3.2kmThe Blyth Academy
- 3.6kmSt Benet Biscop Catholic Academy
More reading links
Public Transport Nearby
From 8, Kelsey Way, Cramlington, the nearest station is Cramlington, 2.0 kilometres away.
- 2.0kmCramlington
- 3.1kmBlyth Bebside
- 3.7kmNewsham
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.
