2 Faversham Place

    2, FAVERSHAM PLACE, CRAMLINGTON, CRAMLINGTON, NE23 1RX

    This terraced leasehold property on Faversham Place last sold in May 2005 for £127,950. Based on price growth in the NE23 district since then, its estimated current value is £193,837 — placing it in the 23rd percentile nationally and the 52nd percentile within NE23. The property covers 68 m² (732 sq ft), giving an estimated value of £2,851 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £127,950

    May 2005

    Estimated Valuation

    £193,837

    Est. £/sq ft

    £265/sq ft

    £2,851/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateMar 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2005

    £127,950

    19 Jul 2002

    £68,500

    Key Metrics

    Estimated valuation£193,837
    Value per sq ft / m²£265/sq ft (£2,851/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile52nd percentile
    National percentile23rd percentile

    District Context — NE23

    NE23 covers Prudhoe, Ryton and surrounding settlements in Tyne and Wear, sitting west of Newcastle in the lower Tyne valley. The area blends suburban residential character with access to both countryside and urban services.

    Average Property Price - NE23

    £205,970

    14

    National percentile

    Average Net Household Income - NE23

    £21,920

    2

    National percentile

    10-Year Annualised Price Growth - NE23

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE23

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