Average Price for property in Cramlington is around £146,245 which varies based on type of property you are interested in and ranges from £236,315 for detached house to around £136,477 for semi-detached. Similarly terraced house is around £106,810 and a flat is worth £77,705. Values have been changing and have risen £1,285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,777 in last 6 months, £2,843 in last 1 year, £1,633 in last 2 years, £12,902 in last 3 years, £6,999 in last 4 years and £5,615 in last 5 years.
Currently average asking price of a property in Cramlington is around £159,083 based on approximately 407 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £544 per month.
Estimated property value in Cramlington is £146,245. Average asking price is £159,083 while average price paid is £133,984 which is up by £2,843 and Avg. asking rent £544.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cramlington area. In last 1 year alone average price buyer paid is around £133,984 based on approximately 407 sales in Cramlington area alone. If you compare it to last 3 years sales of 1,169 properties where buyers paid around £131,212. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £129,901 for 1,812 and average amount paid for purchase of approx. 2,446 properties sold in last 7 years comes to about £131,057 per sale.