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House Prices in NE23 House Prices in NE23 (Cramlington)

The average house price in NE23 (Cramlington) is £203,720 using HM Land Registry data.

The average property price increased by £14,012 (41.36%) over the last 5 years and increased by £2,807 (5.66%) over the last 12 months.

Over the last year, there were 423 residential property sales – a decrease of 69 transactions (-16.31%) relative to the previous year. The majority of house sales (95) were in the £126,000 - £172,000 range. Then came properties in the £80,000 - £126,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 196 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,404 (-2%).

In March 2025, there were 110 new estate agency instructions, 75 agreed home sales and 49 property price reductions.

Nearby Postcodes: DH3, DH4, DH8, DH9, NE10, NE12, NE13, NE16, NE17, NE19, NE2, NE20, NE21, NE22, NE24, NE25, NE26, NE27, NE28, NE29, NE3, NE30, NE31, NE32, NE33, NE34, NE35, NE36, NE37, NE38, NE39, NE4, NE40, NE5, NE6, NE61, NE62, NE63, NE65, NE7, NE9, SR4, SR5, SR6

5-Year Average Property Prices in NE23 (Cramlington)

41.36%

Property prices in NE23 (Cramlington) increased by 41.36% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NE23 (Cramlington) Over the Last Year

5.66%

Property prices in NE23 (Cramlington) increased by 5.66% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NE23 (Cramlington) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NE23 (Cramlington)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NE23 (Cramlington)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NE23 (Cramlington)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NE23 (Cramlington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NE23 postcode area since 1995.

Recent Sales in NE23 (Cramlington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Coquet Terrace, Dudley, Cramlington, Tyne And Wear, NE23 7JD£110,000£107,500-£2,50002 Oct 202424 Feb 2025145 Days
89 Cateran Way, Cramlington, Northumberland, NE23 6EZ£179,950£179,950£023 Oct 202424 Feb 2025124 Days
7 Fareham Way, Cramlington, Northumberland, NE23 1TB£159,950£155,000-£4,95019 Jul 202414 Feb 2025210 Days
5 Sefton Court, Cramlington, Northumberland, NE23 3LR£525,000£525,000£023 May 202410 Feb 2025263 Days
1 Wolsingham Court, Cramlington, Northumberland, NE23 1DR£99,950£92,000-£7,95007 Jun 202407 Feb 2025245 Days
6 Storey Street, Cramlington, Northumberland, NE23 6RL£109,950£100,000-£9,95025 Oct 202431 Jan 202598 Days
25 Redford Place, Burradon, Cramlington, Tyne And Wear, NE23 7LG£159,950£159,950£027 Aug 202431 Jan 2025157 Days
13 Chester Grove, Seghill, Cramlington, Northumberland, NE23 7TR£169,950£160,000-£9,95021 Oct 202417 Jan 202588 Days
7 Lydbury Close, Cramlington, Northumberland, NE23 3XY£325,000£320,000-£5,00001 Oct 202417 Jan 2025108 Days
24 Cloverhill Close, Annitsford, Cramlington, Tyne And Wear, NE23 7UA£114,950£114,950£002 Sep 202416 Jan 2025136 Days
30 Dunsdale Drive, Cramlington, Northumberland, NE23 2GA£225,000£222,500-£2,50012 Aug 202415 Jan 2025156 Days
7 Henley Close, Cramlington, Northumberland, NE23 2FE£189,950£189,950£024 Sep 202415 Jan 2025113 Days
23 Percy Street, Cramlington, Northumberland, NE23 6RG£124,950£115,000-£9,95024 Apr 202414 Jan 2025265 Days
26 Moresby Road, Cramlington, Northumberland, NE23 3XP£400,000£390,000-£10,00009 Jul 202410 Jan 2025185 Days
14 Melling Road, Cramlington, Northumberland, NE23 6AP£270,000£270,000£004 Jun 202410 Jan 2025220 Days
10 Hazelmere Crescent, Cramlington, Northumberland, NE23 2FJ£132,000£131,000-£1,00020 Jun 202406 Jan 2025200 Days
38 Coanwood Drive, Cramlington, Northumberland, NE23 6TL£119,950£118,950-£1,00010 Sep 202418 Dec 202499 Days
9 Bondene Way, Cramlington, Northumberland, NE23 3GU£174,950£172,500-£2,45003 Jun 202418 Dec 2024198 Days
182 Ringwood Drive, Cramlington, Northumberland, NE23 1NU£149,950£145,000-£4,95008 Oct 202418 Dec 202471 Days
46 Lapford Drive, Cramlington, Northumberland, NE23 3GP£289,950£289,950£001 Feb 202418 Dec 2024321 Days

Most Expensive Streets in NE23 (Cramlington)

PostcodeStreetAreaAverageNo. of Sales
NE23 7DZSeghillCramlington£531,6663
NE23 7XJRipon CloseCramlington£513,3333
NE23 7XDRaynham CloseCramlington£513,3333
NE23 7XERichmond WayCramlington£474,6357
NE23 1BDSt Davids ParkCramlington£456,2374
NE23 7XARipley DriveCramlington£451,2506
NE23 7DQArcot GrangeCramlington£422,07317
NE23 8JTKielder AvenueCramlington£383,7504
NE23 7XLLonghirst DriveCramlington£362,9166
NE23 7XTLoxton SquareCramlington£361,6663

Least Expensive Streets in NE23 (Cramlington)

PostcodeStreetAreaAverageNo. of Sales
NE23 6JDWinshieldsCramlington£44,2005
NE23 7SYNorthcott Gardens, SeghillCramlington£52,3805
NE23 6LQChirnsideCramlington£53,2504
NE23 6JQWoodhill RoadCramlington£69,5004
NE23 6LFCraigendCramlington£72,6124
NE23 6DRDipton GroveCramlington£72,7857
NE23 6LLWreay WalkCramlington£76,1124
NE23 6PSGlenluce DriveCramlington£76,6663
NE23 6AZHighburnCramlington£77,5004
NE23 7QZQueens Gardens, AnnitsfordCramlington£77,6754

Explore NE23 (Cramlington) using map

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