According to the public record, 11, Spilsby Crescent, Cramlington is a modern freehold house with 1,410 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spilsby Crescent, St. Nicholas Manor, Cramlington, NE23 is located within the NE23 postal district.
11, Spilsby Crescent, Cramlington has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 11 Spilsby Crescent Cramlington as £307,116 and the rental value as £1,194 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 11 Spilsby Crescent Cramlington has decreased by £4,254 (1.4%) and its rental value has increased by £93 per month (7.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Spilsby Crescent, Cramlington is in very good condition we estimate a sale value of £322,471 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,617 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £307,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,509 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 11, Spilsby Crescent, Cramlington sits on a plot of 339m2.
We have plot size data on 38 out of 38 other houses in the postcode and 11, Spilsby Crescent, Cramlington sits on the 18th largest plot.
According to HM Land Registry, 11, Spilsby Crescent, Cramlington was last sold on 30 Jun 2020 for £292,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Spilsby Crescent, Cramlington within a radius of 730 metres over the last 2 years.
The most recent example is 17, Spilsby Crescent, Cramlington, NE23 1AT, a Freehold house which sold for £252,000 in Feb 2024.
Read more about house prices in NE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spilsby Crescent, St. Nicholas Manor, Cramlington, NE23 has a total of 38 addresses. According to our analysis of all the public data, 11, Spilsby Crescent, Cramlington is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in NE23.
11, Spilsby Crescent, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Apr 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 11, Spilsby Crescent, Cramlington is Cramlington station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Spilsby Crescent, Cramlington, 64.5% of property is privately owned outright and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Spilsby Crescent, Cramlington, 6.2% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Spilsby Crescent, Cramlington, the average age was 41.1 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Spilsby Crescent, Cramlington, 2.8% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Spilsby Crescent, Cramlington, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.