22 Fareham Way

    22, FAREHAM WAY, CRAMLINGTON, NE23 1TD

    This terraced leasehold property on Fareham Way last sold in May 2024 for £120,000. Based on price growth in the NE23 district since then, its estimated current value is £124,914 — placing it in the 8th percentile nationally and the 22nd percentile within NE23. The property covers 65 m² (700 sq ft), giving an estimated value of £1,922 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £120,000

    May 2024

    Estimated Valuation

    £124,914

    Est. £/sq ft

    £179/sq ft

    £1,922/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2024

    £120,000

    1 Feb 2017

    £115,000

    30 Aug 2002

    £68,500

    27 Apr 1998

    £37,950

    Key Metrics

    Estimated valuation£124,914
    Value per sq ft / m²£179/sq ft (£1,922/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile22nd percentile
    National percentile8th 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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