According to the public record, 24, Somersby Gardens, Cramlington is a modern freehold house with 785 ft2 of internal area and sits on a 118 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Somersby Gardens, St. Nicholas Manor, Cramlington, NE23 is located within the NE23 postal district.
24, Somersby Gardens, Cramlington has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated October 2018.
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 reasonable condition, we estimate the current sale value for 24 Somersby Gardens Cramlington as £202,243 and the rental value as £995 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 24 Somersby Gardens Cramlington has decreased by £109 (0.1%) and its rental value has increased by £92 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 24, Somersby Gardens, Cramlington is in very good condition we estimate a sale value of £212,355 and rental value of £1,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,086 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £202,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 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, 24, Somersby Gardens, Cramlington sits on a plot of 118m2.
We have plot size data on 40 out of 40 other houses in the postcode and 24, Somersby Gardens, Cramlington sits on the 37th largest plot.
According to HM Land Registry, 24, Somersby Gardens, Cramlington was last sold on 31 Oct 2018 for £136,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Somersby Gardens, Cramlington within a radius of 790 metres over the last 2 years.
The most recent example is 28, Somersby Gardens, Cramlington, NE23 1AE, a Freehold house which sold for £162,000 in Nov 2023.
Read more about house prices in NE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somersby Gardens, St. Nicholas Manor, Cramlington, NE23 has a total of 40 addresses. According to our analysis of all the public data, 24, Somersby Gardens, Cramlington is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NE23.
24, Somersby Gardens, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2018.
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 24, Somersby Gardens, Cramlington is Cramlington station which is 400 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 24, Somersby Gardens, 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 24, Somersby Gardens, 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 24, Somersby Gardens, 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 24, Somersby Gardens, 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 24, Somersby Gardens, 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.