56, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £99,950

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.

56 GRESHAM CLOSE is a flat, which could now be worth an estimated £113,243. It was last sold for £99,950 in December 2021, which was around 12% above the average December 2021 flat price in the Northumberland local authority area.

56 GRESHAM CLOSE Sold Prices

Land registry data shows one sale for 56 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2021 13 DEC	£99,950	£89,613	12% above HPI

What might 56 GRESHAM CLOSE be worth now?

56 GRESHAM CLOSE might now be worth an estimated £113,243.

This is based on house price inflation of 13.3%, between December 2021 and April 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 56 GRESHAM CLOSE of £99,950 on 13th December 2021. For the value to have increased from £99,950 to £113,243 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 56 GRESHAM CLOSE has moved in line with the HPI for flats in the Northumberland local authority area.
• The December 2021 sale price of £99,950 represented a fair market value for the property.
• The size, condition, and specification of 56 GRESHAM CLOSE has not materially changed since December 2021.

Where is 56 GRESHAM CLOSE?

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