7 Olney Close

    7, OLNEY CLOSE, CRAMLINGTON, NE23 2YN

    This terraced freehold property on Olney Close last sold in November 2021 for £112,000. Based on price growth in the NE23 district since then, its estimated current value is £125,418 — placing it in the 8th percentile nationally and the 22nd percentile within NE23. The property covers 68 m² (732 sq ft), giving an estimated value of £1,844 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £112,000

    Nov 2021

    Estimated Valuation

    £125,418

    Est. £/sq ft

    £171/sq ft

    £1,844/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateJul 2021
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    9 Nov 2021

    £112,000

    Key Metrics

    Estimated valuation£125,418
    Value per sq ft / m²£171/sq ft (£1,844/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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