76, 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.

76 GRESHAM CLOSE is a flat, which could now be worth an estimated £109,304. It was last sold for £102,000 in April 2022, which was around 8% above the average April 2022 flat price in the Northumberland local authority area.

76 GRESHAM CLOSE Sold Prices

Land registry data shows three sales for 76 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. One of the three 76 GRESHAM CLOSE sales was for above the average price, whilst two were for below 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
2022 22 APR	£102,000	£94,746	8% above HPI
2000 21 DEC	£28,700	£32,942	13% below HPI
1995 25 OCT	£23,000	£27,141	15% below HPI

What might 76 GRESHAM CLOSE be worth now?

76 GRESHAM CLOSE might now be worth an estimated £109,304.

This is based on house price inflation of 7.2%, between April 2022 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 7.2% inflationary increase is applied to the most recent sale price for 76 GRESHAM CLOSE of £102,000 on 22nd April 2022. For the value to have increased from £102,000 to £109,304 over the four years to April 2026, the following assumptions must hold true:

• The value of 76 GRESHAM CLOSE has moved in line with the HPI for flats in the Northumberland local authority area.
• The April 2022 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 76 GRESHAM CLOSE has not materially changed since April 2022.

Where is 76 GRESHAM CLOSE?

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