48 Gresham Close

    48, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ

    This flat/maisonette leasehold property on Gresham Close last sold in August 2018 for £99,950. Based on price growth in the NE23 district since then, its estimated current value is £123,261 — placing it in the 7th percentile nationally and the 22nd percentile within NE23. The property covers 61 m² (657 sq ft), giving an estimated value of £2,021 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £99,950

    Aug 2018

    Estimated Valuation

    £123,261

    Est. £/sq ft

    £188/sq ft

    £2,021/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateJan 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Aug 2018

    £99,950

    3 Nov 2016

    £87,500

    Key Metrics

    Estimated valuation£123,261
    Value per sq ft / m²£188/sq ft (£2,021/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile22nd percentile
    National percentile7th 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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