5 Lavender Way

    5, LAVENDER WAY, WEST MEADOWS, CRAMLINGTON, NE23 8FN

    This terraced freehold property on Lavender Way last sold in November 2022 for £166,995. Based on price growth in the NE23 district since then, its estimated current value is £178,410 — placing it in the 19th percentile nationally and the 46th percentile within NE23. The property covers 56 m² (603 sq ft), giving an estimated value of £3,186 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £166,995

    Nov 2022

    Estimated Valuation

    £178,410

    Est. £/sq ft

    £296/sq ft

    £3,186/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area603 sq ft (56 m²)
    EPC dateNov 2022
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2022

    New build

    £166,995

    Key Metrics

    Estimated valuation£178,410
    Value per sq ft / m²£296/sq ft (£3,186/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile46th percentile
    National percentile19th 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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