11 Medway Place

    11, MEDWAY PLACE, CRAMLINGTON, NE23 3GQ

    This terraced leasehold property on Medway Place last sold in January 2023 for £145,000. Based on price growth in the NE23 district since then, its estimated current value is £158,179 — placing it in the 14th percentile nationally and the 36th percentile within NE23. The property covers 70 m² (753 sq ft), giving an estimated value of £2,260 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £145,000

    Jan 2023

    Estimated Valuation

    £158,179

    Est. £/sq ft

    £210/sq ft

    £2,260/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jan 2023

    £145,000

    7 Dec 2001

    £64,500

    14 Jun 1996

    New build

    £50,500

    Key Metrics

    Estimated valuation£158,179
    Value per sq ft / m²£210/sq ft (£2,260/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile36th 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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