50 Gresham Close, Cramlington, NE23 6EJ is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £67,049 , which equates to approximately £99 per square foot. It was last sold on 5 Jul 2024 for £65,000. Since then, the value has increased by £2,049, representing a 3.2% increase, or approximately 2.2% per year.

The current estimated value of £67,049 is:

  • 57.7% lower than the average property price on Gresham Close
  • 56.4% lower than the average in the NE23 6EJ postcode area
  • and 69.2% lower than the average price for Cramlington as a whole

At the most recent EPC inspection on 9 March 2024, 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
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£67,049
Price Per sq ft (estimate)
£99
Bedroom Count (estimate)
2 bedrooms

EPC Summary

50 Gresham Close, Cramlington, Northumberland, NE23 6EJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Mar 2024.

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, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to NE23 6EJ

39 th / 40
Price Rank
56% lower than average
11 th / 28
Size Rank
0% same size than average
28 th / 28
Price Per Sq FT Rank
56% lower than average

Compared to other properties in NE23 6EJ , this flat's estimated value ranks 39th out of 40. Based on price per square foot, it ranks 28th 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 11th out of 28 properties in its postcode area.

Sale History

Today
£67,049
streetscan.co.uk estimate
+3 %
5 Jul 2024
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £110,000
sale date: 6 Sep 2024
rooms: 3
size: 667 sq ft
sale price: £74,000
sale date: 22 Dec 2023
rooms: 3
size: 710 sq ft
sale price: £95,000
sale date: 22 Feb 2019
rooms: 3
size: 657 sq ft
sale price: £99,950
sale date: 29 Aug 2018
rooms: 3
size: 624 sq ft
sale price: £91,000
sale date: 8 May 2015

Data Sources

The property at 50 Gresham Close, Cramlington, Northumberland, NE23 6EJ appears once in the Land Registry records, with the transaction recorded on 5 Jul 2024. It also has a single Energy Performance Certificate (EPC) from 9 Mar 2024. 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.