2 Gresham Close

    2, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ

    This detached freehold property on Gresham Close last sold in July 2024 for £260,000. Based on price growth in the NE23 district since then, its estimated current value is £276,679 — placing it in the 44th percentile nationally and the 77th percentile within NE23. The property covers 76 m² (818 sq ft), giving an estimated value of £3,641 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £260,000

    Jul 2024

    Estimated Valuation

    £276,679

    Est. £/sq ft

    £338/sq ft

    £3,641/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area818 sq ft (76 m²)
    EPC dateOct 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2024

    £260,000

    23 Aug 2013

    £159,950

    Key Metrics

    Estimated valuation£276,679
    Value per sq ft / m²£338/sq ft (£3,641/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE23 district percentile77th percentile
    National percentile44th 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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