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According to the public record, 97, Cramond Way, Cramlington is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 97, Cramond Way, Cramlington is £84,580 and the estimated rental value is £568 per month.
Cramond Way, Cramlington, NE23 is located within the NE23 postal district.
97, Cramond Way, Cramlington has 21 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated June 2016.
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.
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 97, Cramond Way, Cramlington is in very good condition we estimate a sale value of £88,810 and a rental value of £597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,660 and a rental value of £528 per month.
Over the last 12 months the sale value of 97 Cramond Way Cramlington has decreased by an estimated £125 (0.1%) and its rental value has increased by an estimated £10 per month (1.8%), giving an expected gross yield of 8.1%.
97, Cramond Way, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2016.
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, 97, Cramond Way, Cramlington was last sold on 28th September 2011 for £57,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2011, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Cramond Way, Cramlington within a radius of 550 metres over the last 2 years.
The most recent example is 24, Cragside, Cramlington, NE23 6HP, a leasehold flat which sold for £85,000 on the 10th December 2024.
Read more about house prices in NE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cramond Way, Cramlington, NE23 has a total of 80 addresses. According to our analysis of all the public data, 97, Cramond Way, Cramlington is the 76th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in NE23.
The closest station to 97, Cramond Way, Cramlington is Cramlington station which is 1.8 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 97, Cramond Way, Cramlington, 45.1% of property is privately rented and 31.6% is privately owned outright.
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 97, Cramond Way, Cramlington, 12.8% of residents are recorded as possessing school level qualifications and 21.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 97, Cramond Way, Cramlington, the average age was 49.2 and the most common age was 72.
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 97, Cramond Way, Cramlington, 0.4% 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 97, Cramond Way, Cramlington, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.