AIAI Property Valuation for NE23 — CRAMLINGTON
AI Estimate
£192,374
Range: £176,984 – £207,764 (±8%)
2,126 sales (12mo)
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🏠
Detached
£311,911
611 sold (12mo)
🏘️
Semi-Detached
£176,716
646 sold (12mo)
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Terraced
£140,506
636 sold (12mo)
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Flat
£79,166
161 sold (12mo)
Price History — NE23
Price Forecast
Current
£192,374
1-Year
£204,944
-1.3%
3-Year
£199,542
-3.9%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£615
Gross Yield
3.55%
Net Yield (est.)
2.84%
Region Average
2.94%
Annual rental income estimate: £7,380. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
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Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Below avg
55.8/1000 (-31.4% vs national)
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Schools
3 Good+
17 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
353 Mbps
Average download speed
🏛️
Council Tax
£2,112
Band D — North Tyneside
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Tenure
31% Owner
13% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in NE23?
The AI-estimated average house price in NE23 (CRAMLINGTON) is £192,374, based on 2126 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in NE23?
The estimated gross rental yield in NE23 is 3.55%, based on an average monthly rent of £615 and average property price of £207,699. The estimated net yield after costs is 2.84%.
Is NE23 a good area to invest in?
NE23 has an overall investment score of 4.7/10. This considers price growth (4.9/10), rental yield (2.6/10), safety (6.6/10), schools (1.8/10), and connectivity (10/10).
What are property prices by type in NE23?
Average prices in NE23 by property type: detached (£311,911), semi-detached (£176,716), terraced (£140,506), flats (£79,166). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for NE23?
Our AI estimates for NE23 are based on Land Registry transaction data, local market trends, and area characteristics. With 2126 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.