Values have been changing and have risen £635 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,165 in last 6 months, £5,138 in last 1 year, £5,862 in last 2 years, £11,653 in last 3 years, £6,071 in last 4 years and £5,205 in last 5 years.
Currently average asking price of a property in Warenford Close, Cramlington, NE23 is around £159,083 based on approximately 1 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Warenford Close, Cramlington, NE23 is £114,015. Average asking price is £159,083 while average price paid is £72,000 which is up by £5,138 and Avg. asking rent £551.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 Warenford Close, Cramlington, NE23 area. In last 1 year alone average price buyer paid is around £72,000 based on approximately 1 sales in Warenford Close, Cramlington, NE23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £72,000. 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 £72,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £106,000 per sale.