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According to the public record, 9, Silkwood Close, Cramlington is a modern leasehold house with 947 ft2 of internal area and sits on a 312 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 9, Silkwood Close, Cramlington is £303,741 and the estimated rental value is £1,468 per month.
Silkwood Close, Cramlington, NE23 is located within the NE23 postal district.
9, Silkwood Close, Cramlington has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 9, Silkwood Close, Cramlington is in very good condition we estimate a sale value of £318,928 and a rental value of £1,541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,479 and a rental value of £1,365 per month.
Over the last 12 months the sale value of 9 Silkwood Close Cramlington has increased by an estimated £6,972 (2.3%) and its rental value has increased by an estimated £61 per month (4.1%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 9, Silkwood Close, Cramlington sits on a plot of 312m2.
We have plot size data on 11 out of 11 other houses in the postcode and 9, Silkwood Close, Cramlington sits on the 9th largest plot.
9, Silkwood Close, Cramlington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2017.
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, 9, Silkwood Close, Cramlington was last sold on 10th January 2018 for £240,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has dropped 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Silkwood Close, Cramlington within a radius of 630 metres over the last 2 years.
The most recent example is 8, Arlington Grove, Cramlington, NE23 3GZ, a leasehold house which sold for £225,000 on the 12th May 2023.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silkwood Close, Cramlington, NE23 has a total of 11 addresses. According to our analysis of all the public data, 9, Silkwood Close, Cramlington is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in NE23.
The closest station to 9, Silkwood Close, Cramlington is Cramlington station which is 1.7 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 9, Silkwood Close, 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 9, Silkwood Close, 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 9, Silkwood Close, 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 9, Silkwood Close, 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.