38 Gresham Close, Cramlington, NE23 6EJ is a leasehold other property built between 1967-1975. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £106,494 , which equates to approximately £162 per square foot. It was last sold on 1 Feb 2022 for £95,000. Since then, the value has increased by £11,494, representing a 12.1% increase, or approximately 3.1% per year.

The current estimated value of £106,494 is:

  • 32.8% lower than the average property price on Gresham Close
  • 30.7% lower than the average in the NE23 6EJ postcode area
  • and 51.1% lower than the average price for Cramlington as a whole

At the most recent EPC inspection on 15 October 2021, the property was recorded as owner-occupied.

View sold house prices in NE23 6EJ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£106,494
Price Per sq ft (estimate)
£162
Bedroom Count (estimate)
2 bedrooms

EPC Summary

38 Gresham Close, Cramlington, Northumberland, NE23 6EJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Oct 2021.

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 25 Sep 2010, and the property received the same rating of C with an unchanged energy efficiency score of 77.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 28% of fixed outlets to low energy lighting in 89% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 89% of fixed outlets
Very Good

Compared to NE23 6EJ

31 st / 40
Price Rank
31% lower than average
16 th / 28
Size Rank
3% smaller than average
22 nd / 28
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NE23 6EJ , this flat's estimated value ranks 31th out of 40. Based on price per square foot, it ranks 22th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 28 properties in its postcode area.

Sale History

Today
£106,494
streetscan.co.uk estimate
+12 %
1 Feb 2022
£95,000
Leasehold
+188.3 %
30 May 1997
£32,950
Leasehold

Area Insights

Similar Properties Sold Nearby

52 Gresham Close, Cramlington, NE23 6EJ
rooms: 3
size: 668 sq ft
sale price: £25,840
sale date: 28 Mar 2024
70 Gresham Close, Cramlington, NE23 6EJ
rooms: 4
size: 689 sq ft
sale price: £63,100
sale date: 15 Nov 2023
90 Gresham Close, Cramlington, NE23 6EJ
rooms: 3
size: 710 sq ft
sale price: £95,000
sale date: 22 Feb 2020

Data Sources

The property at 38 Gresham Close, Cramlington, NE23 6EJ appears two times in the Land Registry records, with the latest transaction recorded on 1 Feb 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Oct 2021. 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.
↑