2, HAZELMERE CRESCENT, CRAMLINGTON, NE23 2FJ - £31,950

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.

2 HAZELMERE CRESCENT is a very small terraced house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £149,892. It was last sold for £31,950 in March 1998, which was around 11% below the average March 1998 terraced price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was B.

2 HAZELMERE CRESCENT Sold Prices

Land registry data shows one sale for 2 HAZELMERE CRESCENT 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
1998 27 MAR	£31,950	£35,989	11% below HPI

What might 2 HAZELMERE CRESCENT be worth now?

2 HAZELMERE CRESCENT might now be worth an estimated £149,892.

This is based on house price inflation of 369.1%, between March 1998 and May 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 369.1% inflationary increase is applied to the most recent sale price for 2 HAZELMERE CRESCENT of £31,950 on 27th March 1998. For the value to have increased from £31,950 to £149,892 over the 27 years and ten months to May 2026, the following assumptions must hold true:

• The value of 2 HAZELMERE CRESCENT has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The March 1998 sale price of £31,950 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZELMERE CRESCENT has not materially changed since March 1998.

How Large is 2 HAZELMERE CRESCENT?

2 HAZELMERE CRESCENT is 49m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of terraced houses in Cramlington, based on EPC data. The below chart shows the distribution of terraced houses by size in Cramlington, and where 2 HAZELMERE CRESCENT lies on this distribution: 3% of terraced houses are smaller than 2 HAZELMERE CRESCENT, and 96% of terraced houses are larger. Note that EPC data is not available for all properties in Cramlington.

2 HAZELMERE CRESCENT: Plot

2 HAZELMERE CRESCENT sits on a plot of roughly 51.2 acres, or 207,247m².

Where is 2 HAZELMERE CRESCENT?

2 HAZELMERE CRESCENT is located in CRAMLINGTON, in the NE23 postcode district.