8 Faversham Place

    8, FAVERSHAM PLACE, PARKSIDE DALE, CRAMLINGTON, NE23 1RX

    This flat/maisonette leasehold property on Faversham Place last sold in March 2022 for £140,000. Based on price growth in the NE23 district since then, its estimated current value is £145,159 — placing it in the 11th percentile nationally and the 31st percentile within NE23. The property covers 69 m² (743 sq ft), giving an estimated value of £2,104 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £140,000

    Mar 2022

    Estimated Valuation

    £145,159

    Est. £/sq ft

    £195/sq ft

    £2,104/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateFeb 2022
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Mar 2022

    £140,000

    24 Sept 2014

    £107,000

    31 Aug 2007

    £107,000

    19 Jun 1998

    £37,000

    Key Metrics

    Estimated valuation£145,159
    Value per sq ft / m²£195/sq ft (£2,104/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile31st percentile
    National percentile11th 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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