56 Wedder Law

    56, WEDDER LAW, CRAMLINGTON, NE23 6PA

    This flat/maisonette leasehold property on Wedder Law last sold in May 2024 for £72,000. Based on price growth in the NE23 district since then, its estimated current value is £70,914 — placing it in the 1st percentile nationally and the 4th percentile within NE23. The property covers 53 m² (570 sq ft), giving an estimated value of £1,338 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £72,000

    May 2024

    Estimated Valuation

    £70,914

    Est. £/sq ft

    £124/sq ft

    £1,338/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateOct 2016
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2024

    £72,000

    15 Dec 2005

    £75,000

    30 Apr 1998

    £29,500

    21 Mar 1995

    £28,000

    Key Metrics

    Estimated valuation£70,914
    Value per sq ft / m²£124/sq ft (£1,338/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile4th percentile
    National percentile1st 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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