60, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £102,000

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.

60 GRESHAM CLOSE is a very large flat of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £116,616. It was last sold for £102,000 in January 2006, which was around 15% above the average January 2006 flat price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

60 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 60 GRESHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the three 60 GRESHAM CLOSE sales were for above 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 26 JAN	£102,000	£88,806	15% above HPI
2002 8 MAR	£43,000	£38,427	12% above HPI
2000 18 JUL	£39,950	£32,654	22% above HPI

What might 60 GRESHAM CLOSE be worth now?

60 GRESHAM CLOSE might now be worth an estimated £116,616.

This is based on house price inflation of 14.3%, between January 2006 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 14.3% inflationary increase is applied to the most recent sale price for 60 GRESHAM CLOSE of £102,000 on 26th January 2006. For the value to have increased from £102,000 to £116,616 over the nineteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 60 GRESHAM CLOSE has moved in line with the HPI for flats in the Northumberland local authority area.
• The January 2006 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 60 GRESHAM CLOSE has not materially changed since January 2006.

How Large is 60 GRESHAM CLOSE?

60 GRESHAM CLOSE is 65m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of flats in Cramlington, based on EPC data. 90% of flats are smaller than 60 GRESHAM CLOSE, and 9% of flats are larger. Note that EPC data is not available for all properties in Cramlington.

60 GRESHAM CLOSE: Plot

60 GRESHAM CLOSE sits on a plot of roughly 0.057 of an acre, or 230m².

Where is 60 GRESHAM CLOSE?

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