8, Lamonby Way
8, Lamonby Way
Description & Estimates
8, Lamonby Way, Cramlington is recorded publicly as a modern leasehold house across 1,307 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Lamonby Way, Cramlington is £371,076 and its rental estimate is £1,642 per month, given the available information and assuming reasonable condition.
Lamonby Way, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
8, Lamonby Way, Cramlington has 31 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated June 2010.
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.
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, Lamonby Way, Cramlington, we estimate a market value of £389,630 and a rental value of £1,724 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £345,100 and £1,527 per month respectively.
Recent Market Change
Over the last year, 8, Lamonby Way, Cramlington has seen its estimated sale value rise by £2,605 (0.7%) and its estimated rental value move up by £45 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
8, Lamonby Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2010.
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, Lamonby Way, Cramlington completed on 24th March 2011 at £265,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 6.8% over the period since March 2011.
- Sold Mar 2011£265,000
- Sold Dec 2007£260,000
- Sold Jun 2002£182,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Lamonby Way, Cramlington have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2023, was 1, Lodsworth Drive, Cramlington, NE23 7XR, a freehold house which sold for £365,000.
Read more about house prices in NE23.
- Sold May 2023£365,000 | 4 Bed House1, Lodsworth Drive, Cramlington, NE23 7XR1, Lodsworth Drive, Cramlington, NE23 7XR
- Sold Apr 2023£298,000 | 4 Bed House18, Lamonby Way, Cramlington, NE23 7XW18, Lamonby Way, Cramlington, NE23 7XW
- Sold Nov 2021£280,000 | 4 Bed House6, Lodsworth Drive, Cramlington, NE23 7XR6, Lodsworth Drive, Cramlington, NE23 7XR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Lamonby Way, Cramlington, NE23, 8, Lamonby Way, Cramlington comes out as the 28th largest and the 26th most expensive in our analysis of the public data.
It is also £182k more expensive than the average property across the NE23 district.
More reading links
Schools Nearby
- 600mSs Peter and Paul's Catholic Primary Academy
- 600mCragside CofE Controlled Primary School
- 800mHareside Primary School
- 400mCramlington Learning Village
- 2.5kmNorth Gosforth Academy
- 4.3kmSeaton Valley High School
More reading links
Public Transport Nearby
From 8, Lamonby Way, Cramlington, the nearest station is Cramlington, 1.7 kilometres away.
- 1.7kmCramlington
- 3.5kmSeaton Delaval
- 5.4kmNewsham
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.
