40 Gresham Close

    40, GRESHAM CLOSE, CRAMLINGTON, CRAMLINGTON, NE23 6EJ

    This semi-detached leasehold property on Gresham Close last sold in July 2004 for £94,000. Based on price growth in the NE23 district since then, its estimated current value is £146,793 — placing it in the 12th percentile nationally and the 32nd percentile within NE23. The property covers 62 m² (667 sq ft), giving an estimated value of £2,368 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £94,000

    Jul 2004

    Estimated Valuation

    £146,793

    Est. £/sq ft

    £220/sq ft

    £2,368/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateFeb 2025
    WallsCavity wall, filled cavity
    HeatingWarm air, mains gas

    Transaction History

    16 Jul 2004

    £94,000

    19 Jun 2002

    £47,500

    13 Aug 1999

    £35,500

    Key Metrics

    Estimated valuation£146,793
    Value per sq ft / m²£220/sq ft (£2,368/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile32nd percentile
    National percentile12th 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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