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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
According to the public record, 8, Weldon Road, Cramlington is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,043 ft2 of internal area and sits on a 274 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Weldon Road, Cramlington is £175,811 and the estimated rental value is £1,262 per month.
Weldon Road, Cramlington, NE23 is located within the NE23 postal district.
8, Weldon Road, Cramlington has 21 entries in the Land Registry , most recently in October 2022 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.
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, Weldon Road, Cramlington is in very good condition we estimate a sale value of £184,602 and a rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,504 and a rental value of £1,173 per month.
Over the last 12 months the sale value of 8 Weldon Road Cramlington has increased by an estimated £4,378 (2.5%) and its rental value has increased by an estimated £62 per month (4.9%), giving an expected gross yield of 8.6%.
According to data from HM Land Registry, 8, Weldon Road, Cramlington sits on a plot of 274m2.
We have plot size data on 9 out of 12 other houses in the postcode and 8, Weldon Road, Cramlington sits on the 2nd largest plot.
According to HM Land Registry, 8, Weldon Road, Cramlington was last sold on 28th October 2022 for £134,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Weldon Road, Cramlington within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 55, Reedswood Crescent, Cramlington, NE23 6RW, a freehold house which sold for £118,000 on the 13th September 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weldon Road, Cramlington, NE23 has a total of 12 addresses. According to our analysis of all the public data, 8, Weldon Road, Cramlington is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in NE23.
The closest station to 8, Weldon Road, Cramlington is Seaton Delaval station which is 1.6 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Weldon Road, 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, Weldon Road, 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, Weldon Road, 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, Weldon Road, 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.
