1 Cormorant Drive

    1, CORMORANT DRIVE, GATESHEAD, GATESHEAD, NE11 9LF

    This detached leasehold property on Cormorant Drive last sold in December 2006 for £102,500. Based on price growth in the NE11 district since then, its estimated current value is £175,119 — placing it in the 18th percentile nationally and the 58th percentile within NE11. The property covers 64 m² (689 sq ft), giving an estimated value of £2,736 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £102,500

    Dec 2006

    Estimated Valuation

    £175,119

    Est. £/sq ft

    £254/sq ft

    £2,736/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Dec 2006

    £102,500

    28 Feb 2003

    New build

    £89,950

    Key Metrics

    Estimated valuation£175,119
    Value per sq ft / m²£254/sq ft (£2,736/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile58th percentile
    National percentile18th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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