41 Cormorant Drive

    41, CORMORANT DRIVE, GATESHEAD, NE11 9LF

    This semi-detached freehold property on Cormorant Drive last sold in August 2023 for £180,000. Based on price growth in the NE11 district since then, its estimated current value is £177,022 — placing it in the 19th percentile nationally and the 59th percentile within NE11. The property covers 79 m² (850 sq ft), giving an estimated value of £2,241 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £180,000

    Aug 2023

    Estimated Valuation

    £177,022

    Est. £/sq ft

    £208/sq ft

    £2,241/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Aug 2023

    £180,000

    20 Jul 2018

    £156,300

    17 Nov 2006

    £156,000

    22 Feb 2002

    New build

    £89,950

    Key Metrics

    Estimated valuation£177,022
    Value per sq ft / m²£208/sq ft (£2,241/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile59th 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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