According to the public record, 3, Oasby Close, Cramlington is a modern freehold house with 1,173 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oasby Close, St. Nicholas Manor, Cramlington, NE23 is located within the NE23 postal district.
3, Oasby Close, Cramlington has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated October 2019.
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 3 Oasby Close Cramlington as £234,985 and the rental value as £1,126 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 3 Oasby Close Cramlington has decreased by £3,255 (1.4%) and its rental value has increased by £88 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 3, Oasby Close, Cramlington is in very good condition we estimate a sale value of £246,735 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,536 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £234,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,155 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, 3, Oasby Close, Cramlington sits on a plot of 247m2.
We have plot size data on 14 out of 14 other houses in the postcode and 3, Oasby Close, Cramlington sits on the 3rd largest plot.
According to HM Land Registry, 3, Oasby Close, Cramlington was last sold on 20 Dec 2019 for £239,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Oasby Close, Cramlington within a radius of 790 metres over the last 2 years.
The most recent example is 2, Somersby Gardens, Cramlington, NE23 1AE, a Freehold house which sold for £169,950 in Jul 2023.
Read more about house prices in NE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oasby Close, St. Nicholas Manor, Cramlington, NE23 has a total of 14 addresses. According to our analysis of all the public data, 3, Oasby Close, Cramlington is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NE23.
3, Oasby Close, Cramlington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2019.
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 3, Oasby Close, Cramlington is Cramlington station which is 500 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 3, Oasby Close, Cramlington, 59.7% of property is privately owned with a mortgage and 26.3% is privately owned outright.
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 3, Oasby Close, Cramlington, 19.4% of residents are recorded as possessing school level qualifications and 35.9% 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 3, Oasby Close, 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 3, Oasby Close, Cramlington, 0.4% 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 3, Oasby Close, Cramlington, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.