26 Cormorant Drive

    26, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This terraced freehold property on Cormorant Drive last sold in February 2023 for £171,000. Based on price growth in the NE11 district since then, its estimated current value is £178,912 — placing it in the 19th percentile nationally and the 60th percentile within NE11. The property covers 76 m² (818 sq ft), giving an estimated value of £2,354 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £171,000

    Feb 2023

    Estimated Valuation

    £178,912

    Est. £/sq ft

    £219/sq ft

    £2,354/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Feb 2023

    £171,000

    Key Metrics

    Estimated valuation£178,912
    Value per sq ft / m²£219/sq ft (£2,354/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile60th percentile
    National percentile19th 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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