39 Cormorant Drive

    39, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This terraced freehold property on Cormorant Drive last sold in March 2021 for £215,000. Based on price growth in the NE11 district since then, its estimated current value is £275,747 — placing it in the 44th percentile nationally and the 88th percentile within NE11. The property covers 101 m² (1,087 sq ft), giving an estimated value of £2,730 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £215,000

    Mar 2021

    Estimated Valuation

    £275,747

    Est. £/sq ft

    £254/sq ft

    £2,730/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,087 sq ft (101 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 2021

    £215,000

    28 Nov 2008

    £146,750

    31 Dec 2001

    New build

    £99,950

    Key Metrics

    Estimated valuation£275,747
    Value per sq ft / m²£254/sq ft (£2,730/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile88th percentile
    National percentile44th 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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