50 Gresham Close

    50, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ

    This flat/maisonette leasehold property on Gresham Close last sold in July 2024 for £65,000. Based on price growth in the NE23 district since then, its estimated current value is £64,019 — placing it in the 0th percentile nationally and the 3rd percentile within NE23. The property covers 63 m² (678 sq ft), giving an estimated value of £1,016 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £65,000

    Jul 2024

    Estimated Valuation

    £64,019

    Est. £/sq ft

    £94/sq ft

    £1,016/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area678 sq ft (63 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingWarm air, mains gas

    Transaction History

    5 Jul 2024

    £65,000

    Key Metrics

    Estimated valuation£64,019
    Value per sq ft / m²£94/sq ft (£1,016/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile3rd percentile
    National percentile0th 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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