2 Otley Close

    2, OTLEY CLOSE, CRAMLINGTON, NE23 2YP

    This detached leasehold property on Otley Close last sold in March 2024 for £150,000. Based on price growth in the NE23 district since then, its estimated current value is £159,622 — placing it in the 15th percentile nationally and the 37th percentile within NE23. The property covers 91 m² (980 sq ft), giving an estimated value of £1,754 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £150,000

    Mar 2024

    Estimated Valuation

    £159,622

    Est. £/sq ft

    £163/sq ft

    £1,754/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateJul 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2024

    £150,000

    Key Metrics

    Estimated valuation£159,622
    Value per sq ft / m²£163/sq ft (£1,754/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile37th percentile
    National percentile15th 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

    More properties in NE23

    Streets in NE23

    Explore nearby