5 Olney Close, Cramlington, NE23 2YN is a freehold terraced property built between 1967-1975. The property offers approximately 732 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 £168,106 , which equates to approximately £230 per square foot. It was last sold on 8 Jun 2023 for £148,000. Since then, the value has increased by £20,106, representing a 13.6% increase, or approximately 5.4% per year.

The current estimated value of £168,106 is:

  • 0.7% higher than the average property price on Olney Close
  • 1.0% higher than the average in the NE23 2YN postcode area
  • and 22.8% lower than the average price for Cramlington as a whole

At the most recent EPC inspection on 2 July 2015, the property was recorded as owner-occupied.

View sold house prices in NE23 2YN

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£168,106
Price Per sq ft (estimate)
£230
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Olney Close, Cramlington, Northumberland, NE23 2YN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Jul 2015.

This property has a heating system that uses warm air distribution, powered by mains gas. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Warm air, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 25 mm loft insulation
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to NE23 2YN

9 th / 12
Price Rank
1% higher than average
3 rd / 7
Size Rank
3% smaller than average
5 th / 7
Price Per Sq FT Rank
4% higher than average

Compared to other properties in NE23 2YN , this house's estimated value ranks 9th out of 12. Based on price per square foot, it ranks 5th out of 7 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 3rd out of 7 properties in its postcode area.

Sale History

Today
£168,106
streetscan.co.uk estimate
+14 %
8 Jun 2023
£148,000
Leasehold
+265.4 %
9 Jul 1999
£40,500
Leasehold

Area Insights

Similar Properties Sold Nearby

7 Olney Close, Cramlington, NE23 2YN
rooms: 5
size: 732 sq ft
sale price: £112,000
sale date: 9 Nov 2021
6 Olney Close, Cramlington, NE23 2YN
rooms: 5
size: 732 sq ft
sale price: £90,000
sale date: 27 Nov 2019
4 Olney Close, Cramlington, NE23 2YN
rooms: 5
size: 732 sq ft
sale price: £119,250
sale date: 4 Dec 2015
3 Olney Close, Cramlington, NE23 2YN
rooms: 5
size: 775 sq ft
sale price: £90,000
sale date: 9 May 2003

Data Sources

The property at 5 Olney Close, Cramlington, NE23 2YN appears two times in the Land Registry records, with the latest transaction recorded on 8 Jun 2023. It also has a single Energy Performance Certificate (EPC) from 2 Jul 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.
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