24 Fareham Way

    24, FAREHAM WAY, CRAMLINGTON, NE23 1TD

    This terraced freehold property on Fareham Way last sold in September 2017 for £115,000. Based on price growth in the NE23 district since then, its estimated current value is £158,542 — placing it in the 14th percentile nationally and the 37th percentile within NE23. The property covers 67 m² (721 sq ft), giving an estimated value of £2,366 per m². The EPC rating is D, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £115,000

    Sept 2017

    Estimated Valuation

    £158,542

    Est. £/sq ft

    £220/sq ft

    £2,366/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialA
    Floor area721 sq ft (67 m²)
    EPC dateFeb 2015
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Sept 2017

    £115,000

    Key Metrics

    Estimated valuation£158,542
    Value per sq ft / m²£220/sq ft (£2,366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile37th percentile
    National percentile14th 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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