According to the public record, 2, Spilsby Crescent, Cramlington is a modern house with 968 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spilsby Crescent, St. Nicholas Manor, Cramlington, NE23 is located within the NE23 postal district.
2, Spilsby Crescent, Cramlington has no records in the Land Registry database and a single entry in the EPC database dated April 2022.
We combine this information with public data 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 2 Spilsby Crescent Cramlington as £251,967 and the rental value as £1,131 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Spilsby Crescent Cramlington has decreased by £136 (0.1%) and its rental value has increased by £104 per month (9.2%).
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 2, Spilsby Crescent, Cramlington is in very good condition we estimate a sale value of £264,565 and rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,329 and a rental value of £1,052 per month.
If you were able to purchase this property for the estimated value of £251,967, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,238 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, 2, Spilsby Crescent, Cramlington sits on a plot of 313m2.
We have plot size data on 38 out of 38 other houses in the postcode and 2, Spilsby Crescent, Cramlington sits on the 21st largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spilsby Crescent, Cramlington within a radius of 750 metres over the last 2 years.
The most recent example is 4, Bardney Court, Cramlington, NE23 1AF, a Freehold house which sold for £265,000 in Sep 2022.
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, 2, Spilsby Crescent, Cramlington is the 27th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in NE23.
2, Spilsby Crescent, Cramlington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2022.
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 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.