33, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £130,000

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.

33 GRESHAM CLOSE is a very small terraced house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £196,680. It was last sold for £130,000 in May 2011, which was around 19% above the average May 2011 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

33 GRESHAM CLOSE Sold Prices

Land registry data shows one sale for 33 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 19 MAY	£130,000	£109,055	19% above HPI

What might 33 GRESHAM CLOSE be worth now?

33 GRESHAM CLOSE might now be worth an estimated £196,680.

This is based on house price inflation of 51.3%, between May 2011 and April 2026, for terraced 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 51.3% inflationary increase is applied to the most recent sale price for 33 GRESHAM CLOSE of £130,000 on 19th May 2011. For the value to have increased from £130,000 to £196,680 over the fifteen years and one month to April 2026, the following assumptions must hold true:

• The value of 33 GRESHAM CLOSE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2011 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 33 GRESHAM CLOSE has not materially changed since May 2011.

How Large is 33 GRESHAM CLOSE?

33 GRESHAM CLOSE is 60m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of terraced houses in Cramlington, based on EPC data. The below chart shows the distribution of terraced houses by size in Cramlington, and where 33 GRESHAM CLOSE lies on this distribution: 15% of terraced houses are smaller than 33 GRESHAM CLOSE, and 85% of terraced houses are larger. Note that EPC data is not available for all properties in Cramlington.

33 GRESHAM CLOSE: Plot

33 GRESHAM CLOSE sits on a plot of roughly 0.073 of an acre, or 297m².

Where is 33 GRESHAM CLOSE?

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