18 Fareham Way, Cramlington, NE23 1TD is a freehold terraced property built between 1967-1975. The property offers approximately 721 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £164,620 , which equates to approximately £228 per square foot. It was last sold on 8 Nov 2022 for £151,000. Since then, the value has increased by £13,620, representing a 9.0% increase, or approximately 2.9% per year.

The current estimated value of £164,620 is:

  • 0.8% lower than the average property price on Fareham Way
  • 12.0% higher than the average in the NE23 1TD postcode area
  • and 24.4% lower than the average price for Cramlington as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 19 March 2015, the property was recorded as owner-occupied.

View sold house prices in NE23 1TD

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
721 sq ft
Tenure
Freehold
Price (estimate)
£164,620
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 Fareham Way, Cramlington, Northumberland, NE23 1TD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 19 Mar 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Feb 2010, and the property received the same rating of C with an unchanged energy efficiency score of 75.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 22% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE23 1TD

7 th / 12
Price Rank
12% higher than average
5 th / 10
Size Rank
8% smaller than average
3 rd / 10
Price Per Sq FT Rank
22% higher than average

Compared to other properties in NE23 1TD , this house's estimated value ranks 7th out of 12. Based on price per square foot, it ranks 3rd out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 5th out of 10 properties in its postcode area.

Sale History

Today
£164,620
streetscan.co.uk estimate
+9 %
8 Nov 2022
£151,000
Leasehold
0 %
8 Nov 2022
£151,000
Leasehold
+11.9 %
10 Jun 2022
£135,000
Leasehold
+12.5 %
31 Jul 2015
£120,000
Leasehold
+12.1 %
19 May 2005
£107,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 700 sq ft
sale price: £120,000
sale date: 10 May 2024
rooms: 5
size: 710 sq ft
sale price: £159,995
sale date: 28 Oct 2022
rooms: 6
size: 797 sq ft
sale price: £108,000
sale date: 18 Mar 2022
rooms: 4
size: 775 sq ft
sale price: £128,000
sale date: 24 Jun 2020
rooms: 5
size: 721 sq ft
sale price: £115,000
sale date: 28 Sep 2017

Data Sources

The property at 18 Fareham Way, Cramlington, NE23 1TD appears five times in the Land Registry records, with the latest transaction recorded on 8 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Mar 2015. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.