7 Gresham Close

    7, GRESHAM CLOSE, CRAMLINGTON, CRAMLINGTON, NE23 6EJ

    This detached leasehold property on Gresham Close last sold in May 1996 for £47,000. Based on price growth in the NE23 district since then, its estimated current value is £204,455 — placing it in the 26th percentile nationally and the 56th percentile within NE23. The property covers 64 m² (689 sq ft), giving an estimated value of £3,195 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £47,000

    May 1996

    Estimated Valuation

    £204,455

    Est. £/sq ft

    £297/sq ft

    £3,195/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateOct 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 1996

    £47,000

    Key Metrics

    Estimated valuation£204,455
    Value per sq ft / m²£297/sq ft (£3,195/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile56th percentile
    National percentile26th 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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