8, Richmond Way
8, Richmond Way
Description & Estimates
8, Richmond Way, Cramlington is recorded publicly as a mid-century freehold house across 1,840 ft2 of internal area, sitting on a 434 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Richmond Way, Cramlington is £539,191 and its rental estimate is £2,351 per month, given the available information and assuming reasonable condition.
Richmond Way, Cramlington, NE23 falls within the NE23 postal district.
Our Data Sources
8, Richmond Way, Cramlington has 21 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Richmond Way, Cramlington, we estimate a market value of £566,150 and a rental value of £2,469 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £501,447 and £2,187 per month respectively.
Recent Market Change
Over the last year, 8, Richmond Way, Cramlington has seen its estimated sale value move down by £2,837 (0.5%) and its estimated rental value increase by £28 per month (1.2%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 8, Richmond Way, Cramlington as measuring 434 m2.
That makes it the 65th largest plot in the postcode, where all 67 other houses have recorded plot data.
Energy Efficiency
8, Richmond Way, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2013.
The property is not 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, Richmond Way, Cramlington completed on 5th November 2015 at £330,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 9.3% over the period since November 2015.
- Sold Nov 2015£330,000
- Sold Oct 1995£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Richmond Way, Cramlington have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2025, was 4, Richmond Way, Cramlington, NE23 7XE, a freehold house which sold for £550,000.
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 67 addresses on Richmond Way, Cramlington, NE23, 8, Richmond Way, Cramlington comes out as the 23rd largest and the 17th most expensive in our analysis of the public data.
It is also £350k more expensive than the average property across the NE23 district.
More reading links
Schools Nearby
- 700mCragside CofE Controlled Primary School
- 900mSs Peter and Paul's Catholic Primary Academy
- 1.1kmHareside Primary School
- 600mCramlington Learning Village
- 2.2kmNorth Gosforth Academy
- 4.4kmSeaton Valley High School
More reading links
Public Transport Nearby
From 8, Richmond Way, Cramlington, the nearest station is Cramlington, 1.9 kilometres away.
- 1.9kmCramlington
- 3.6kmSeaton Delaval
- 5.7kmNewsham
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.
