36, GRESHAM CLOSE, CRAMLINGTON, NE23 6EJ - £97,500

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.

36 GRESHAM CLOSE is a flat, which could now be worth an estimated £104,894. It was last sold for £97,500 in December 2006, which was around 3% above the average December 2006 flat price in the Northumberland local authority area.

36 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 36 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 36 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 8 DEC	£97,500	£94,374	3% above HPI
2006 31 MAY	£96,000	£90,089	7% above HPI
2003 17 OCT	£81,950	£65,226	26% above HPI

What might 36 GRESHAM CLOSE be worth now?

36 GRESHAM CLOSE might now be worth an estimated £104,894.

This is based on house price inflation of 7.6%, between December 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 7.6% inflationary increase is applied to the most recent sale price for 36 GRESHAM CLOSE of £97,500 on 8th December 2006. For the value to have increased from £97,500 to £104,894 over the twenty years and eight months to April 2026, the following assumptions must hold true:

• The value of 36 GRESHAM CLOSE has moved in line with the HPI for flats in the Northumberland local authority area.
• The December 2006 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 36 GRESHAM CLOSE has not materially changed since December 2006.

Where is 36 GRESHAM CLOSE?

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