32, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £97,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 GRESHAM CLOSE is a semi-detached house, which could now be worth an estimated £146,168. It was last sold for £97,000 in January 2006, which was around 26% below the average January 2006 semi-detached price in the Northumberland local authority area.

32 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 32 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 32 GRESHAM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 27 JAN	£97,000	£131,312	26% below HPI
2002 15 NOV	£64,500	£74,022	13% below HPI
1997 18 APR	£34,000	£46,356	27% below HPI

What might 32 GRESHAM CLOSE be worth now?

32 GRESHAM CLOSE might now be worth an estimated £146,168.

This is based on house price inflation of 50.7%, between January 2006 and April 2026, for semi-detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 32 GRESHAM CLOSE of £97,000 on 27th January 2006. For the value to have increased from £97,000 to £146,168 over the nineteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 32 GRESHAM CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2006 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 32 GRESHAM CLOSE has not materially changed since January 2006.

Where is 32 GRESHAM CLOSE?

32 GRESHAM CLOSE is located in CRAMLINGTON, in the NE23 postcode district.