5 Tavern Close

    5, TAVERN CLOSE, CRAMLINGTON, NE23 8AR

    This terraced freehold property on Tavern Close last sold in May 2022 for £185,000. Based on price growth in the NE23 district since then, its estimated current value is £197,646 — placing it in the 24th percentile nationally and the 53rd percentile within NE23. The property covers 88 m² (947 sq ft), giving an estimated value of £2,246 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £185,000

    May 2022

    Estimated Valuation

    £197,646

    Est. £/sq ft

    £209/sq ft

    £2,246/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area947 sq ft (88 m²)
    EPC dateDec 2015
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 May 2022

    £185,000

    29 Mar 2018

    £175,000

    11 Dec 2015

    New build

    £170,000

    Key Metrics

    Estimated valuation£197,646
    Value per sq ft / m²£209/sq ft (£2,246/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile53rd percentile
    National percentile24th 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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