23 Cormorant Drive

    23, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This terraced freehold property on Cormorant Drive last sold in April 2019 for £113,000. Based on price growth in the NE11 district since then, its estimated current value is £158,686 — placing it in the 14th percentile nationally and the 47th percentile within NE11. The property covers 56 m² (603 sq ft), giving an estimated value of £2,834 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £113,000

    Apr 2019

    Estimated Valuation

    £158,686

    Est. £/sq ft

    £263/sq ft

    £2,834/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area603 sq ft (56 m²)
    EPC dateMar 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Apr 2019

    £113,000

    11 Nov 2016

    £104,000

    23 Aug 2004

    £112,000

    13 Sept 2002

    New build

    £72,950

    Key Metrics

    Estimated valuation£158,686
    Value per sq ft / m²£263/sq ft (£2,834/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile47th percentile
    National percentile14th 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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